Biffa plc (‘Biffa’), a leading UK sustainable waste management business, has today acquired Simply Waste Solutions, a leading industrial and commercial waste collection business based in High Wycombe. Biffa has acquired 100 per cent of the share capital of Camo Ltd, which trades under the Simply Waste brand. Law firm Harrison Clark Rickerbys (HCR) advised the shareholders of Camo Ltd on its sale for £35 million.
Simply Waste is a prominent, well-regarded operator in the south of England. Its operational locations in west London, Oxfordshire and Bristol align well with Biffa’s existing portfolio, and once merged into the Biffa I&C collection network will result in an enhanced customer proposition and a lower-carbon, more efficient collection network.
James Capel, Chief Executive and majority owner of Simply Waste, said: “Simply Waste is a fast growing and innovative business with its people and customers at the heart of everything it does. I am delighted that the acquisition of Simply Waste by Biffa will build on these values and that the combined business will help deliver an even stronger and more efficient business. I am proud to have led this business from start up to exit and look forward to helping bring the businesses together.”
Michael Topham, Chief Executive at Biffa, added: “The acquisition of Simply Waste demonstrates further progress against our strategic plans. We have a clear focus to grow our Industrial and Commercial business through acquisitions as a natural consolidator within this fragmented market.”
HCR’s corporate team was led by Rachel Turner. She said: “Simply Waste as created an amazing business which will certainly further cement Biffa’s position in the market.”