Enva Group Acquired By Associated Reclaimed Oils
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Sector
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Bishopsgate advised the Enva Group, a leading provider of recycling and specialist resource recovery solutions in Ireland and the UK, on the acquisition of Associated Reclaimed Oils Limited (ARO) for an undisclosed sum.
London-based ARO are a long established collector of waste lubricant oils and hazardous wastes, offering services to the market throughout London and South East England using a dedicated fleet and experienced crews. The business collects approximately 10 million litres of used lubricants per annum, as well as a range of hazardous garage wastes.
The ARO business will be rebranded as Enva and fully integrated into Enva’s existing waste oil collection and processing business.
Bishopsgate Advisors
Ed Wesson
Morgan Atherton
Michael Smith – Director, Enva Group
AROs service offering is a perfect fit with our existing oil business in the UK.
ARO bring their 45 years of experience and knowledge to Enva, and strengthen our collection network in the South East of England.
We are delighted with the acquisition and look forward to working with the ARO team to develop the business and expand the service offering to existing and future clients.
Chris Edwards – General Manager, Associated Reclaim Oils
The synergies between our two companies are undeniable and the opportunities that this acquisition presents are both incredibly exciting and vast. We felt fully supported by our advisory teams – their joined-up approach, hard work and dedication ensured the transaction was a smooth one. We really appreciate all they did in successfully getting the deal done and can’t praise them enough.
We felt fully supported by our advisory teams – their joined-up approach, hard work and dedication ensured the transaction was a smooth one. We really appreciate all they did in successfully getting the deal done and can’t praise them enough.
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