FCC Environment explained

FCC Environment (UK) Limited
Type:Subsidiary
Location City:Doncaster
Location Country:United Kingdom
Area Served:United Kingdom
Key People:Steven Longdon
(Chief executive officer)
Industry:Waste management
Num Employees:approx. 2,400
Parent:Fomento de Construcciones y Contratas

FCC Environment (UK) Limited is a waste management company headquartered in Northampton, United Kingdom and a wholly owned subsidiary of Fomento de Construcciones y Contratas. It was formed in May 2012 through the merger and rebranding of Focsa Services and Waste Recycling Group.

History

Waste Recycling Group acquired Hanson Waste Management from Hanson plc for £185 million in cash in December 2000.[1] [2]

Waste Recycling Group was acquired by the private equity group Terra Firma Capital Partners for £315.2 million in June 2003.[3]

In September 2006 Fomento de Construcciones y Contratas acquired Waste Recycling Group, excluding its landfill gas operations, from Terra Firma for £1.4 billion.[4] [5]

In May 2012 Focsa Services and Waste Recycling Group were merged and rebranded "FCC Environment".[6] [7]

See also

External links

Notes and References

  1. News: Waste Recycling Group buys Hanson Waste Management for £185m. 16 October 2012. letsrecycle.com. 22 December 2000.
  2. News: Hanson sells waste arm for £185m. 16 October 2012. The Telegraph. 23 December 2000.
  3. News: Landfill group to change Hands after £315m takeover. 16 October 2012. The Scotsman. 10 June 2003.
  4. News: FCC completes £1.4bn acquisition of Waste Recycling Group . 16 October 2012. letsrecycle.com. 28 September 2006.
  5. News: FCC Buys Waste Recycler From Hands for 1.4 Bln Pounds. 16 October 2012. Bloomberg. 17 July 2006.
  6. News: WRG and Focsa rebranded as FCC Environment. 16 October 2012. letsrecycle.com. 14 May 2012.
  7. News: FCC Environment merger puts recycling and renewable energy at its core. 16 October 2012. Materials Recycling Week. 7 September 2012.