Thames Valley: B P Collins proves to be an asset in Biffa acquisition

Full-service law firm, B P Collins LLP, has helped the UK’s leading integrated waste management business, Biffa Waste Services, to acquire a majority of Shanks Waste Management's UK solid waste business.

The Thames Valley-based law firm advised the Buckinghamshire-based waste and recycling company on its acquisition for £9.5 million.

The acquisition includes the transfer of 11 waste transfer facilities in England and Scotland and around 300 employees will transfer to Biffa.

The transaction, which is subject to regulatory approvals, is due to be completed by the end of December 2013.

The transaction team, drawn from B P Collins' corporate and commercial, employment and commercial property practices, was led by partner, Alex Zachary, who commented: "We are delighted to have helped Biffa further consolidate its position as a UK market leader in solid waste."

Ian Wakelin, CEO of Biffa, added: “This acquisition will enable us to leverage our national infrastructure, grow our market share and enhance our leading industrial and commercial services. It is a progressive move for Biffa in line with industry trends towards consolidation to match waste volume levels. Biffa has a strong platform for growth based on its reputation for excellent customer service and its infrastructure. We are pleased to be able to continue to invest in the business and enhance our position at the forefront of the evolving waste management industry.”

He continues: “We really value our long-term relationship with the B P Collins team which, once again, provided outstanding support and played a crucial role in the success of this complex project.”

B P Collins is top ranked in Chambers UK 2013 for environment in the Thames Valley region, with a strong reputation and client base in the waste management and recycling sectors.