Macdonald Henderson has advised WEEE Solutions, the independent waste electrical and electronic equipment recycler on the disposal of the company to Enva, the leading waste management and resource recovery business.
Established in 2006 and based in Linwood, Scotland, WEEE Solutions collects and recovers valuable materials from a range of Waste Electrical and Electronic Equipment (WEEE) including fridges, flat panel displays, batteries, fluorescent tubes, large domestic appliances, IT equipment and small domestic appliances. Recycling over 95% of the waste managed, WEEE Solutions was recognised at the Zero Waste Awards in 2022 as a business committed to increasing the amount of waste they reuse and recycle.
As a leading provider of waste management and resource recovery solutions, Enva operates across 34 facilities in the United Kingdom and Ireland, employing over 1600 people, managing a broad range of hazardous and non-hazardous waste materials from industrial, commercial and municipal customers and create valuable products for re-use in manufacturing and energy conversion.
Commenting on the acquisition, Michelle Scott, Enva’s Operations Director in Scotland said: “The purchase of WEEE Solutions complements our recent acquisitions in this space, further consolidating our market leading position in the UK and Ireland. We have a long-standing relationship with WEEE Solutions, and this purchase will enable Enva to invest directly to grow its already established footprint in Scotland. We look forward to working with the team going forward to maximise the recovery of valuable resources from electronic waste’’.
Graeme Douglas, Director of WEEE Solutions, commented: ‘’Enva are the perfect fit for our business and becoming part of a larger group will enable our already successful operations to grow and flourish. The additional expertise and extended service portfolio Enva brings will also add value to what we can offer our customer base.’’
About Macdonald Henderson, Mr Douglas commented:
“The shareholders of WEEE Solutions Ltd were delighted to have used Macdonald Henderson as their lawyers to help and advise them during the sale of the Company to ENVA. Laura & Emily did a huge amount of work to ensure that the sale went through as seamlessly as possible.
All queries were addressed professionally and with little fuss allowing the Directors to concentrate on running the business. The share purchase agreement, virtual data room and other documents were extremely complex, but they were always explained and dealt with clearly and concisely.
We would not hesitate to recommend them to any other business wishing to sell or get legal advice. I personally would like to thank them for their professionalism, diligence and support.”
We are pleased to have advised the company and its dynamic management team on this exciting transaction, and wish all stakeholders in the continuing business every success for the future.
Advisors to shareholders of Weee Solutions– Macdonald Henderson (legal), AAB (corporate finance and tax)
Advisors to Enva – Pinsent Masons (legal)