Fortis IP complete deal for Eco Waste and Recycling Limited

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.