Recycle It Global purchase Cornish waste facility as part of ambitious growth strategy
RECYCLE It Global (RIG) have acquired Park-an-Chy waste-transfer station as part of their ambitious growth strategy to drive technological advancements in solid and fluid waste.
RIG are an engineering company, specializing in the processing of technical wastes generated from construction and demolition arisings. Through pioneering technology, RIG deliver cost-effective engineering solutions for processing technical waste to create sustainable construction aggregates, such as single sizes and sands.
Located on the outskirts of Scorrier in Cornwall, the waste facility acquisition is part of a strategic move of continued growth in the south of England for RIG, as the company looks to expand its client base across Devon and Cornwall. The deal will see new jobs created and the advancement of waste-management and plant training, in partnership with Cornwall College.
Paul Nicholls, chief executive officer of RIG, commented: ‘Acquiring Park-an-Chy waste-transfer station allows us to scale our pioneering work, by diverting waste from landfills and creating a circular economy solution to the UK’s mineral requirements. As part of our growth, we’re looking to create a cutting-edge research and development waste-processing depot to advance bioremediation techniques of complex waste streams, to expand our positive impact for a circular waste economy.’James Redshaw, senior associate at Hill Dickinson, who led on the provision of legal advice to RIG, and helped navigate and negotiate the acquisition, added: ‘We were pleased to work alongside chief executive Paul Nicholls and the Recycle It Global team to guide them successfully through the company’s first acquisition.
‘Advising a young and ambitious business like Recycle It Global, that is already making a name for itself in applying engineering innovation to drive sustainability and help protect the environment, is both interesting and rewarding. We wish the team every success at this next stage in the company’s growth.’