Leading UK recycling company sold to Swedish waste group
San Sac Group, the Swedish waste sorting and recycling solution provider has made its first foray into the UK market with the acquisition of Yorkshire-based Easi Recycling Solutions Limited and Easi Recycling UK Limited (Easi Recycling).
Based near York, Easi Recycling rents and sells waste-handling and recycling equipment to over 2000 customers , including major high street retailers, manufacturing and hospitality.
Headquartered in Linköping, the San Sac Group was formed in 2014, when San Sac merged with Enviropac of Norway with the investment fund Accent Equity Partners as majority owner. The group has made several acquisitions to grow to more than 200 employees and a combined turnover of €90 million.
BCMS advised the shareholder of Easi Recycling, with legal advice from Freeths LLP. The San Sac Group was represented by RSM and Logos Legal Services.
Fredrik Jaginder, CEO of the San Sac Group, said: “The combination of the strong UK market presence of Easi Recycling and the high quality product offering from the San Sac Group provides an excellent formula for the future growth of our business”.
Easi Recycling Managing Director, Jon Earnshaw, said: “This is a very exciting time for Easi Recycling. Providing innovative waste and recycling equipment wrapped with excellent service is key to our success. To be a part of the San Sac Group gives Easi Recycling access to an extensive range of premium brand equipment and the opportunity to significantly expand the business within the UK. ”
BCMS Deal Leader, Alan Southcombe, added: “Easi Recycling’s business model of taking the long view, for the benefit of the company and to offer the best possible solutions for its customers is now significantly enhanced under the ownership of and with the resources which will be provided by the San Sac Group.”
“Easi Recycling is a quality business with a commanding position in a growth sector, and we wish both Easi and San Sac well on their new future together.”