Clearwater International advises Valpak on its sale to Reconomy
Clearwater International has advised Valpak Holdings Limited (Valpak) the UK’s largest environmental compliance solutions provider, on its sale to Reconomy, the UK’s leading provider of outsourced waste management and recycling services, for an undisclosed figure.
Founded in 1997 and based in Stratford-upon-Avon, Valpak provides environmental consultancy, waste management solutions and data management services to over 4,000 UK customers. The company specialises in helping businesses achieve environmental compliance, maximise cost savings and improve their environmental credentials in line with legislation. Valpak services include the disposal of packaging, electrical equipment, batteries, hazardous materials and chemical substances, among other forms of waste and recycling.
Valpak will continue to operate as a separate business and brand within the Reconomy Group of companies. By continuing to combine acquisition and organic business growth, the Reconomy Group’s combined revenue for the end of financial year 18/19 is forecast to exceed c.€270m (£250m).