Rugby-based environmental company acquires US business
Lorax Compliance acquires US-based consultancy EPI
Rugby-based environmental reporting specialist Lorax Compliance has acquired Environmental Packaging International (EPI), a US consultancy that specialises in environmental compliance, product stewardship and sustainability goals reporting. The two companies will now work together to provide a wider global service offering, combining Lorax’s strengths in compliance data and technology with EPI’s expertise in custom research, metrics tracking and sustainable design consultancy.
Chief Operating Officer, Michelle Carvell, said: “Our acquisition of EPI provides the perfect opportunity to combine our expertise and capabilities with a company to provide diverse EPR support services to businesses around the world.”
“The two businesses complement each other well,” continued David Markham, co-founder and CTO of Lorax Compliance, which was launched five years ago. “EPI is strongly aligned to our ideals of providing an excellent and value-driven client service. It also shares our desire to leverage data and technology to streamline EPR and sustainability reporting. This was one of the main reasons behind our decision to work together.”
Although EPI and Lorax Compliance will continue to operate under their own brand names, founders Michelle and David will lead both the UK and US teams to roll out and integrate all services across both businesses.
“Lorax Compliance’s services will be expanded and augmented as a result of this acquisition,” explained Michelle. “In addition to EPR reporting software, fee optimisation, obligation assessments, compliance audits and environmental metrics tracking, we can now also offer wider custom research and waste legislation tracking capabilities, support for meeting voluntary standards, and sustainable packaging design consultancy. It certainly is an exciting new phase for the business.”