RG Corporate Finance (RGCF) has advised Twenty Five 8 Management Limited on the sale of two of its businesses, which have been acquired by Staffordshire-based MAC Waste Management UK Limited (Mac Waste).
Mac Waste has acquired WCL Quarries Limited (WCL) and Drygon 8 Limited (Drygon), expanding its market share in the UK waste management and recycling sector.
Based in the Midlands, WCL is the leading regional provider of sand, aggregates, construction, waste and recycling services. The company, which was established in 2006, has benefited from significant investment that has driven growth across all its products and sectors.
A relatively new business, Drygon focuses on the recycling of road sweepings that operates alongside existing WCL operations.
Advising Twenty Five 8 Management Limited was Nick Johnson, Corporate Finance Partner at Newcastle-based RGCF, with legal advice from Gareth O’Hara, Senior Partner at The Wilkes Partnership. Accounting and tax advice was provided by Paul Bulzacchelli, Senior Partner at Inspired Accountants.
Advising Mac Waste was Martyn Poole, Partner at corporate finance firm, Azets with legal advice provided by Mark Gibson, Partner and Head of Corporate at DWF Group.
Nick Johnson, RGCF Corporate Finance Partner, said: “This significant transaction demonstrates the opportunities for consolidation in the growing UK waste management recycling sector.”
“Our client has developed two high quality companies that are perfect additions to Mac Waste and a major step in its strategic plans to develop a stronger business with a larger footprint in the market, therefore broadening its service offering, capability and customer base.”