Reconomy acquires Circle Waste

Acquisition will deepen UK specialty recycling firm’s outsourced waste management capabilities.

employees working inside a Circle Waste facility

Photo courtesy of Reconomy

United Kingdom-based Reconomy, an international specialty recycling and waste management services provider, has announced the acquisition of Circle Waste, a digital-first, UK outsourced waste management provider.

Circle Waste provides waste management services to small-to-medium-enterprise (SME) customers in the United Kingdom, focusing on the construction industry and associated sectors, where its digital-first model is popular with small and mid-sized businesses.

“We are delighted to welcome Circle Waste to Reconomy, which will accelerate our growth in the SME market,” says Guy Wakeley, chief executive at Reconomy. “We were impressed by Circle Waste’s strong customer relationships and by its digital marketing expertise. The Circle Waste leadership team, led by Chris Dear and Mark Garwood, will be committing to Reconomy and adding their expertise to drive forward this exciting new stage.”

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From its headquarters in Kings Lynn, England, Circle Waste employs about 90 staff members. In addition to its core division of waste management, the company also offers a range of digitally provided removal and disposal services. Reconomy has expanded to operate across more than 80 countries, serving more than 10,000 customers.

“We are delighted to be joining Reconomy,” says Chris Dear, managing director of Circle Waste. “It provides us with an outstanding opportunity to grow our customer base and combine the technology-driven applications and innovation already established within Reconomy with our expertise. This, coupled with our joint desire to help businesses become more sustainable within a circular economy, is an exciting journey to embark on together.”