|
|
 |
Strengthening our position in waste recycling
The acquisition of ECT Recycling - an important municipal waste collection and household waste recycling company - has significantly strengthened our position in the waste recycling market.
"We've found a partner with a good reputation for delivering services to local authorities"
Stephen Sears, ECT Recycling |
ECT’s long-term local government contracts include one with the Somerset Waste Partnership – which currently achieves the nation's lowest rate of residual waste disposal. Other important contracts include the London Boroughs of Ealing and Barnet, and a 10 year contract with BaNES (Bath and North East Somerset).
ECT Recycling also works in joint ventures (JV) to combine its capability, expertise and resources with local knowledge and experience. These JVs include DAWN, with the Community West Recycling Partnership, which provides doorstep services to more than 68,000 households in Doncaster; Monmouth Community Recycling, a JV with Monmouth Environmental Trust; and Frip Ethique in Senegal, West Africa – a partnership between ECT Recycling and Oxfam to provide an ethical model for marketing second hand clothes.
ECT Recycling’s order book is worth approximately £175m, with contract extensions worth up to an additional £350m.
David Sterry, our CEO, said: “We are delighted to welcome a company whose culture and focus on partnerships is aligned to our own.
“This acquisition significantly enhances our capabilities and customer relationships in the local government waste services market - a market where the challenges for our customers are growing rapidly.”
Stephen Sears, chief executive of ECT Recycling, said: “For some time we’ve been exploring ways to secure the future of the company – we want to build on our successful business formula.
"We are delighted to welcome a company whose culture and focus on partnerships is aligned to our own"
David Sterry, May Gurney
|
“We’ve found a partner with a good reputation for delivering services to local authorities, and with the financial muscle to help us to secure bigger contracts and achieve greater operational scale.
“May Gurney has the right credentials and shares our cultural values: a strong emphasis on service quality, staff development, and long-term partnerships with customers - underpinned by commitment to social and environmental sustainability.
“I strongly believe that the combined resources of our companies will generate more opportunity and more growth for everyone. May Gurney’s vision is simple – to Be the Best: the ‘Best Performance’, the ‘Best Customer Service’ and the ‘Best Place to Work’.
“We’re delighted to be a part of making that happen.”
Related stories:-
ECT Recycling acquired
|
 |
|
|
| |
|
|
 |
| Share price |
|
| Available shortly |
|
| |
|
| (delayed by 15 minutes) |
|
|
| |
 |
A sustainable approach
May Gurney's stated goal of 'Being the best' construction and support services company is accelerating its progress in working with customers to develop more sustainable ways of doing business.
more> |
|
| |
 |
The National Engineering & National Construction Recruitment Exhibition
14-15 November
Earls Court, London
Click here for further information. |
|
| |
|
