Reconomy Group, a leader in circular economy and sustainability solutions, has acquired UK Waste Solutions Limited, the UK’s foremost independent waste broker. This strategic acquisition enhances Reconomy’s position as the leading technology-enabled resource management provider in the UK commercial waste sector, reinforcing its commitment to driving the transition towards a circular economy.
Who Are UK Waste Solutions Limited?
Headquartered in Newark, Nottinghamshire, UK Waste Solutions Limited is a sustainability consultancy and waste management company. It supports industries across hospitality, distribution, transport, facilities management, manufacturing, and construction. Through its flagship Novati brand, it partners with high-profile clients such as Marston’s, Prezzo, Roadchef, Network Rail, CBRE, and Birmingham Airport.
The acquisition includes all four of UK Waste Solutions Limited’s key brands—Novati, AMA, Click Waste UK, and Evolution—and its team of 160 employees. This strengthens Reconomy’s offering in commercial, industrial, and construction waste management, aligning with its vision for technology- and data-led closed-loop solutions.
A Strategic Step Towards Circular Economy Leadership
The acquisition is a natural fit for Reconomy Group, further enhancing its capabilities in sustainability and waste management. With UK Waste Solutions Limited’s strong presence across multiple sectors, this partnership provides a deeper footprint for servicing both new and existing clients, while expanding Reconomy’s already significant influence in the circular economy.
This move follows Reconomy’s acquisition of Denmark-based green-tech company Combineering earlier this year, showcasing its strategy to grow both organically and through acquisitions. Reconomy Group recorded revenues exceeding £1 billion in FY 2022, operating across 30 offices worldwide, making it one of the UK’s largest businesses in waste management and sustainability.
Leadership Insights on the Acquisition
Guy Wakeley, Chief Executive of Reconomy Group, said:
“We are delighted to welcome the UK Waste Solutions Limited team to Reconomy Group. It is a great fit with our business due to our shared commitment to developing closed-loop solutions that will accelerate the shift towards a more circular economy. The transaction is consistent with our ambitious plans to grow both organically and through further acquisitions in the UK and around the world.”
Michael Benton, Managing Director of the Recycle Division at Reconomy Group, added:
“UK Waste Solutions Limited has a track record of delivering an excellent outsourced service and will be a valuable addition to the Recycle Division at Reconomy Group. Its customer-led approach aligns perfectly with our values and deepens our capabilities. It increases our joint offering in the commercial, industrial, and construction industries to deliver economic and environmental benefits for businesses.”
Max Kanda, Managing Director at UK Waste Solutions Limited, commented:
“Reconomy Group’s commitment to innovation in the circular economy and well-established footprint across the UK market will strengthen our combined growth. We are excited to become part of one of the UK’s largest and fastest-growing companies at a critical period for meeting the challenges of resource scarcity through technology-led closed-loop solutions.”
What This Means for Clients and the Industry
This acquisition positions Reconomy Group to offer an expanded range of services to clients, combining UK Waste Solutions Limited’s expertise with its own market-leading resources. Businesses across the UK will benefit from enhanced sustainability solutions tailored to reduce waste, optimise resource efficiency, and deliver measurable environmental and economic gains.
As the adoption of circular economy practices continues to grow, Reconomy’s enhanced capabilities will enable it to support more organisations in achieving their sustainability goals while addressing global resource challenges.
