Enva Completes Two Strategic Acquisitions to Boost Growth
Deal News | Dec 17, 2024 | FM Business Daily
Enva, a leading environmental services and resource recovery business in the UK and Ireland, has completed two strategic acquisitions as part of its growth strategy. The acquisitions include Walshestown Restoration Limited, a soil recovery business in Ireland specializing in sustainable treatment of soils and recovery of materials, and M&T Plant Hire Limited, an industrial services and composting company. These acquisitions expand Enva's capacity in soil processing and strengthen its organics composting capabilities. Enva's COO, Roger McDermott, emphasized that these moves will enhance their ability to offer sustainable waste management solutions, supporting customers' decarbonization efforts. The acquisitions represent a significant step in Enva's strategy to supply sustainable materials and circular solutions.
Sectors
- Environmental Services
- Resource Recovery
- Construction and Demolition
Geography
- Ireland – Both acquisitions, Walshestown Restoration and M&T Plant Hire, are located in Ireland, emphasizing the geographical focus.
- United Kingdom – Enva is a leading environmental services provider in both the UK and Ireland.
Industry
- Environmental Services – Enva operates in environmental services, focusing on waste management and resource recovery through sustainable practices.
- Resource Recovery – The acquisitions align with resource recovery objectives, helping Enva create low carbon secondary materials from waste.
- Construction and Demolition – Walshestown Restoration Limited's operations in treating construction and demolition waste connects the business to this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Enva | Acquirer | Company | A leading environmental services and resource recovery business in the UK and Ireland. |
| Walshestown Restoration Limited | Target | Company | A soil recovery business specializing in sustainable treatment of soils and recovery of materials. |
| M&T Plant Hire Limited | Target | Company | A company providing industrial services and organics composting, including septic tank emptying and drain cleaning. |
| Liam O’Neill | General Manager | Person | General Manager of M&T Plant Hire Limited, ensuring continuation of operations. |
| Roger McDermott | Chief Operating Officer | Person | Enva's Chief Operating Officer, commenting on the company's strategic growth. |