Enva announces acquisition of GP Green Recycling Ltd
Enva, a leading provider of end-to-end waste management solutions in the UK and Ireland, today announces that it has acquired GP Green Recycling Limited for an undisclosed sum.
GP Green Recycling, based in Blantyre, South Lanarkshire, is one of ScotlandÂs largest recoverers of organic wastes, recycling organic waste materials into a soil conditioner and high-grade compost certified to British Standard PAS 100.
This latest acquisition will be integrated into EnvaÂs Scottish Industrial and Utilities division, which is led by Graeme McDonald, Managing Director. The founder of GP Green Recycling Mr Jim Gilchrist will retire following the sale.
Commenting on the acquisition, Tom Walsh, CEO of Enva, said:
"We are delighted to invest in GP Green Recycling and look forward to working with its experienced team. Through innovation and process developments, GP Green Recycling produce a high quality organic compost and soil conditioner with a wide and diverse range of applications. This approach of taking a waste material and transforming it back to a valuable product is at the heart of what Enva do. We are excited about the opportunity to support and accelerate the further development of GP Green Recycling solutions.Â
Niall Wall, Executive Chairman, commented:
"Adding businesses with specialist expertise has been a central part of our growth strategy, and we aim to continue investing in companies focused on the recovery and recycling of valuable raw materials as we build our platform in the UK and Ireland.Â
Also commenting, Jim Gilchrist, Founder of GP Green Recycling said:
"This is a very exciting time for GPGreen Recycling, customers and staff. A lot has been achieved during my tenure and I am confident that Enva can further develop the business, serve our customers well and provide opportunities for our employees.Â