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.

Carlton Recycling Ltd in Lincolnshire Sold by Knightsbridge

Carlton Recycling Ltd, a recycling and waste collection contractor based in Lincolnshire, has been sold by Knightsbridge in a genuine retirement sale for a deal value of £365,000. 

The highly reputable business, established by our clients in 2004, rapidly expanded to become one of Lincolnshire’s leading independent contractors, specialising in the collection and transfer of general waste and recyclable refuse and boasting a prestigious client base. 

This attracted the attention of Steven Crook of Ellgia Recycling in the same industry, who made an offer and moved forward with what negotiator Samantha Wright highlights was a straight forward and quick sale, completing in September 2012. She would like to extend her warmest wishes to both parties for the future.