Hertfordshire-based Eco Waste and Recycling Limited, a specialist in
providing eco-friendly waste management solutions, has been sold to new
owners less than 8 months after coming to the market.
The business offers its 1,500 active clients - consisting of local
housing authorities and private construction contractors – services such
as: skip hire; reclamation; commercial services; construction tipping;
and bulk bags.
Operating out of 9,400 sq ft of land, the site consists of a waste
transfer station and a 600 sq ft office space whilst also benefitting
from excellent road links, connecting the site to surrounding areas.
After generating multiple expressions of interest, a £300,000 deal was
agreed with Neil Muttock of Fortis IP Ltd. The business will serve as
another arm to Fortis’ energy/recycling division with all staff being
retained post-completion.