North West law firm SAS Daniels LLP has advised national waste management business 4Recycling Ltd on its acquisition of Heywood-based ByProduct Recovery Ltd for an undisclosed sum.
The deal adds a further £3 million to 4Recycling’s turnover and boosts its geographic coverage in North West England, Scotland and Northern Ireland. The deal also increases 4Recycling’s waste management capability by catering for packaging wastes, liquids, oils and fat from the food industry.
ByProduct was acquired from its US-based parent company MWH Global and its team will relocate to the 4Recycling Group’s headquarters in Leeds.
Jeremy Orrell at SAS Daniels said: “We were delighted to act for 4Recycling on this latest acquisition which furthers its strategic aims. The strength of our long standing relationship with the management team, coupled with our knowledge of the business enabled us to play our part in delivering this significant transaction.”
The deal team at SAS Daniels was led by Jeremy Orrell from the firm’s Corporate team and included Karen Barker from the Employment team. James Butcher of Ford Cambell LLP provided financial advice to 4Recycling.
4Recycling is a national expert in waste and recycling management, specialising in the cost effective and innovative recycling of industry by-products.