Fastest growing waste companies in UK revealed in new Fast 50 research
The waste industry bible, the magazine of the Chartered Institution of Wastes Management has published the results of new research by Catalyst, showing the 50 fastest growing waste companies in the UK.
Waste management businesses accounted for 34 percent of the top 50, with some of the industry’s most recognised names – Biffa, along with Grundon, Cory, Hills Waste Solutions and Bywaters – making further strides forward, but it is some newer names that have burst into the top 10.
Equipment suppliers and manufacturers accounted for eight of the top 50, while organics, plastics, aggregates, electricals,paper, glass, clinical waste, landfill and mobile phones were all represented, showing that recyclers across the board were capable of achieving growth.
More than 20 percent of the companies listed were backed by a private equity firm, including number one and two placed businesses, Eazyfone and Reconomy. Private equity owned businesses outside of the top 10 included Enviroco, AWS Eco Plastics, OSS Environmental, MRS Environmental, PHS All Clear, Agrivert, Cory Environmental and Biffa.
Joint author of the research, Catalyst Partner Mark Wilson commented, "“The waste industry’s Fast 50 makes fascinating reading because there is so much movement in candidates that qualify as private groups. We expect other new entrants in next year’s review as larger players dispose of their non-core subsidiaries and they enter private or financial ownership.”
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