Worcestershire's Slicker Recycling announces Oil Monster acquisition

By Peter Davison

19 May 2023

Share

The Business Magazine article image for: Worcestershire's Slicker Recycling announces Oil Monster acquisition

Slicker Recycling has acquired Oil Monster for an undisclosed sum

A leading British oil and waste recycling firm Slicker Recycling has announced the acquisition of fellow industry specialist Oil Monster, which sees further expansion within the UK market.

Slicker Recycling, which is headquartered in Worcestershire, collects and recycles over 75 million litres of used oil and commercial garage waste every year

Chester-based Oil Monster employs a team of 13 people and operates a fleet of 10 trucks which collect waste oil throughout the UK.

As part of the deal, the business, which Slicker Recycling has acquired from Cleansing Service Group Limited, will retain its brand identity and be led by respected general manager, Lorna Roberts.

Mark Olpin, executive chairman of Slicker Recycling said: “Oil Monster is a business which is trusted by its large customer base and carries an exceptional reputation for its expertise in the collection of waste lubricating oil.

“The business has an environmental vision which closely mirrors our own, so we see this as the perfect fit as we increase our UK market share. Not only is it an acquisition which delivers growth, but it allows us to support Oil Monster’s customers with their own carbon cutting and sustainability agenda, re-refining their waste oil back into base oil through our own re-refinery.”

“We welcome everyone at Oil Monster into the Slicker family and look forward to working with them to deliver further innovation and growth in the years ahead.”

The acquisition of Oil Monster sees Slicker once again building on its environmental credentials after the 2020 opening of its £70 million base oil re-refinery in Denmark through a joint venture with German partner, Avista AG.

The Oil Monster deal is the latest in a line of mergers and acquisitions for the company. The cost of the acquisition is undisclosed.

By Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.