UK waste management company Waste King has announced significant growth and investment, rejecting multiple acquisition offers as it pursues an independent expansion strategy.
Unlike many independent firms that have been absorbed by larger European-owned conglomerates, Waste King has chosen to remain independent. The company’s Managing Director, Glenn Currie, confirmed that Waste King had received two offers to be acquired but had declined both, instead opting to invest in its growth.
Strategic expansion and investment
The firm has undertaken a major expansion plan, which includes the establishment of a second office and a 75% increase in its workforce over the past year. Additionally, it has added four new vehicles to its fleet as part of a wider ambition to achieve an annual turnover of £20 million.
Operations Director Andy Cattigan highlighted the company’s recent financial performance, noting a 133% rise in annual revenue over the past two years.
“We’re well on the way to achieving our turnover target,” he said. “Each month, we handle approximately 63,930 waste movements, including wheelie bins, skips, rubbish clearance, grabs, and road sweepers. This has contributed to the significant volumes of waste we have collected and processed in the last year.”
To accommodate this growth, Waste King has invested in new offices at its waste transfer station. This expansion aims to improve waste recycling efficiency. The company has also upgraded its weighbridge to better handle articulated lorries.
Technology and sustainability at the forefront
As part of its expansion, Waste King has continued to develop its waste monitoring and reporting technology. This system provides in-depth data on waste weights, streams, and collection patterns, allowing the company to analyse disposal methods and identify trends, such as increases in waste levels at specific locations.
“We aim to offer our clients value for money by understanding their needs and maintaining excellent communication,” said Cattigan. “Our monitoring system ensures complete traceability and accountability for every movement of waste, from collection to final disposal.”
In a move to further its environmental responsibility, Waste King has announced plans to plant a forest to offset the carbon footprint associated with its waste collection and processing operations.
Commitment to independence
Despite the financial pressures faced by the waste management industry, Waste King remains confident in its independent approach.
“While we’re doing more than ever before for more customers than ever before, we’re confident we can weather the business pressures and the offers to merge or be acquired,” said Currie.
With continued investment in infrastructure, technology, and sustainability initiatives, Waste King is positioning itself for long-term success while maintaining its independence in a rapidly consolidating industry.
