Viridor has announced the sale of its landfill and landfill gas business to Frank Solutions Limited.
The sale, which was completed late on 31 March 2022, involves the operation and management of 44 sites across the country.
The senior management team for the landfill and landfill gas will remain in
place, with all 200 employees moving across to Frank Solutions Limited, ensuring continuity of service to customers and compliant management of the sites.
A spokesperson for Viridor said: “We are very pleased to announce the sale of our landfill and landfill gas business to Frank Solutions Limited in its entirety. Thank you to all our colleagues, past and present, whose dedication and commitment over many years has created such a thriving business.We look forward to your continued success as you all move across under the new ownership.
“With this sale, we will be able to continue delivering Viridor’s strategy of growing our core business areas of Energy Recovery and Polymers eprocessing, while pushing ahead with our plans to be net zero by 2040.”
Frank Solutions Limited acts as the holding group of several companies that host a variety of disciplines ranging from landfill engineering and restoration, plant equipment, energy generation and land remediation projects.
A spokesperson for Valencia Waste Management said: “We are delighted to confirm that Viridor Waste Management’s landfill and gas generation businesses have been brought into private ownership and are committed to growing the business.
Valencia Waste Management has acquired the portfolio of 44 landfill sites along with Viridor’s landfill colleagues who will transfer across to the new business ensuring continuity of service to our customers and compliant management of the sites.
Our business is backed by private capital and a committed leadership team who will invest heavily across the portfolio to maximise landfill operations, deliver restoration commitments, and explore development opportunities to make best use of the land.
We thank our customers, colleagues, and stakeholders for their patience whilst we communicate the change in ownership. Valencia Waste Management is committed to becoming a strategic leader in the landfill and energy sector and will continue to share our vision for the future in the coming weeks.”
For further information please contact: