Renewi

Renewi plc
Public
Traded as LSE: RWI
Industry Waste management
Founded 1880
Headquarters Dunedin House, Mount Farm, Auckland Park, Milton Keynes, MK1 1BU, UK
Key people
Colin Matthews
(Group Chairman)
Peter Dilnot
(Chief executive officer)
Revenue £779.2 million (2017)[1]
£36.5 million (2017)[1]
£(61.4) million (2017)[1]
Number of employees
3,645 (2017)[1]
Website www.renewiplc.com

Renewi plc is a leading European waste management company operating in Europe and North America. It is listed on the London Stock Exchange.

History

The Company was founded by Guy Shanks and Andrew McEwan in 1880 as a construction company operating primarily in the West of Scotland under the name of Shanks & McEwan.[2] In 1988 the Company acquired London Brick Landfill[3] and with it an enormous landfill capacity north of London. The Company was first listed on the London Stock Exchange in 1988.[2]

In the mid-1990s the Company sold its remaining construction interests to concentrate solely on waste management.[2] In 1998 the Company went on to buy four waste management companies in Belgium.[4] It changed its name to Shanks Group in 1999.[5]

In March 2000 the Company bought Waste Management Nederland B.V. in the Netherlands.[6]

In July 2004 the Company sold its UK landfill and landfill gas power assets to Terra Firma.[7]

In 2006 the Company went on to buy Smink Beheer B.V. in the Netherlands for 62m.[8]

In September 2016, the company reached an agreement to buy the Dutch recycling firm Van Gansewinkel Groep BV for €432 million.[9]

On 28 February 2017 Shanks Group plc and Van Gansewinkel Groep BV merged to become Renewi plc.[10]

Operations

The company's current operations are concentrated within the following four countries:[11]

References

  1. 1 2 3 4 "Annual Report 2016/17" (PDF). Renewi. Retrieved 10 October 2017.
  2. 1 2 3 Shanks Group: History Archived 2008-10-09 at the Wayback Machine.
  3. Bedfordshire County Council: London Brick Company Archived 2015-11-17 at the Wayback Machine.
  4. Shanks buys in Belgium
  5. New name for Shanks Sunday Herald, 25 July 1999
  6. Shanks to buy Waste Management's Dutch Unit Haznews, December 1999
  7. Shanks Group is to sell its UK landfill operations to Terra Firma for £227.5m United Kingdom Environment News, 1 July 2004
  8. Companies Update Archived 2006-08-22 at the Wayback Machine.
  9. Nathan, Vidya L (29 September 2016). "Shanks Group, recycler Van Gansewinkel agree on deal terms". Reuters. Retrieved 2 January 2017.
  10. "Shanks to rebrand as Renewi following merger". Let's Recycle. 28 February 2017. Retrieved 10 October 2017.
  11. "About us". Renewi. Retrieved 10 October 2017.
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