Viridor says WEEE recycling a Shore thing with $24m buy
Like a more cashed up version of this little piggy went to market, some electronics firms have been going WEEE, WEEE, WEEE all the way home. WEEE, rather than an expression of porcine delight, is in this case the Waste Electrical and Electronic Equipment directive, an instruction by the EC which means that electronic gizmo manufacturers must make sure the goods they sell are taken back and recycled.
So a lot of firms are interested in getting involved with WEEE - after all, most people have a PC right now and there’s a rich seam of recycling dollars to be had in getting rid of them when they pass on to the great desktop heaven in the sky.
One WEEE firm, Shore Recycling, has been snapped up by Viridor Waste Management Limited for £23 million this week.
According to Viridor, the buy is in line with Viridor’s parent company Pennon Group strategy of expanding its waste management activities.
Shore is headquartered in Perth, Scotland and has recycling facilities in Perth, Manchester and St Helen’s, while Viridor is also based in Scotland and northern England.
