Shropshire-based Reconomy specialises in outsourced waste management services to the construction, industrial and commercial sectors. Its clients include Balfour Beatty, Kier, Morgan Sindall and Lendlease.
Managing director Paul Cox said: “The acquisition of Network Waste further underlines Reconomy’s position as a clear leader in its field and we are looking forward to working together to develop the combined business.”
He said of Network Waste: “It has been very successful in recent years with an excellent customer base, which complements that of Reconomy. The business has a strong focus on staff development and a company culture that we feel will not only work well with Reconomy but also help us to grow and enhance our unique approach to waste
This is Reconomy’s second acquisition this year. In January 2015 it purchased Countrywide Waste Management.