Papilo Acquires Silverwoods Waste-to-Land Division to Boost Revenues and Sustainability
Deal News | Jun 23, 2025 | Business Cloud
Papilo, a total waste management solutions provider backed by Palatine, has made a strategic acquisition by purchasing the organic waste land spreading division from Silverwoods Waste Management Ltd. The Manchester-based company aims to broaden its service offerings and boost its sustainability credentials. The acquisition adds over £5 million to its revenues and marks Papilo's first acquisition since the Impact Fund invested in June 2023. The acquired business, a long-time part of Papilo's supply chain, collaborates with major food manufacturers and water utility companies to identify agricultural benefits in organic waste streams. After processing, the waste is used by farmers as natural fertilizer. Papilo's CEO, Paul Hodgkiss, highlighted the acquisition's alignment with their circular economy goals, while Palatine's Greg Holmes emphasized the deal’s ESG benefits and cross-selling opportunities. The acquisition strengthens Papilo’s market position and sets a foundation for future growth strategies.
Sectors
- Waste Management
- Agriculture
- Private Equity
Geography
- United Kingdom – The companies involved, Papilo and Silverwoods Waste Management, are based in the UK, and the acquisition strengthens their position within the region.
- Manchester – Papilo is headquartered in Manchester, and the acquisition broadens its regional service capabilities.
Industry
- Waste Management – The acquisition involves companies specializing in managing waste streams and converting them into valuable agricultural products.
- Agriculture – The acquired division processes organic waste for use as fertilizer in the agricultural sector, enhancing Papilo's service offerings.
- Private Equity – The acquisition was facilitated by a PE-backed growth strategy, highlighting investment activities in the waste management sector.
Financials
- £5 million – The acquisition is expected to increase Papilo's revenues by more than £5 million.
- June 2023 – The date when Palatine's Impact Fund invested in Papilo.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Papilo | Acquirer | Company | A Manchester-based total waste management solutions provider focusing on sustainability and circular economy. |
| Palatine | Private Equity Backer | Company | An investment firm that backed Papilo to enable strategic growth and acquisitions. |
| Silverwoods Waste Management Ltd | Target Company | Company | A Lancashire-based company with a division specializing in agricultural land spreading of organic waste. |
| Paul Hodgkiss | CEO of Papilo | Person | The CEO at Papilo, leading its strategic acquisition efforts and sustainability initiatives. |
| Greg Holmes | Investment Director at Palatine | Person | Oversees investments at Palatine, supporting Papilo’s acquisition strategy. |
| Julian Silverwood | Founder of Silverwoods Waste Management | Person | Founded Silverwoods Waste Management; responsible for growing the Waste-to-Land business. |