In a strategic move to expand its footprint in London, Sortera, a Swedish waste management contractor, has acquired Reston Waste Management Ltd.
- Reston Waste, under Andrew Reston’s leadership, was a prominent independent firm in southwest London.
- Sortera introduced itself to the UK market recently and has since acquired several companies.
- The acquisition enhances Sortera’s presence, making it the largest independent waste company in Greater London.
- Both companies share a commitment to sustainability and customer-oriented services.
In a significant development, Sortera, the Swedish waste management entity, has strategically expanded its operations in London through the acquisition of Reston Waste Management Ltd. This move not only elevates Sortera’s position within the capital but also demonstrates its aggressive expansion strategy within the UK market.
Reston Waste Management, previously under the stewardship of Andrew Reston, has been recognised as one of the leading independent construction waste companies in southwest London. The company reported a turnover of £27 million last year, alongside a robust pre-tax profit of £3.7 million. The acquisition by Sortera underscores its ambition to become a formidable force in the waste management sector.
Sortera, having been acquired by Nordic Capital in 2021, made its initial foray into the UK market by acquiring O’Donovan Waste Disposal, followed by GBN Services in 2023. Recently, these entities were consolidated under the Sortera brand, signifying a unified approach to expand their market share and operational efficiency.
With the acquisition of Reston Waste, Sortera not only cements its status as the largest independent construction waste company across Greater London but also extends its reach into the strategically important southwest London area. This move is indicative of Sortera’s commitment to strengthening its service capabilities and geographical coverage.
Mark McCleery, Sortera’s UK Managing Director, expressed enthusiasm about integrating Reston Waste into their operations, highlighting the mutual focus on sustainability and customer service that both companies share. Andrew Reston has also expressed confidence in Sortera as an ideal custodian for the business, given their aligned values and future aspirations.
Sortera’s acquisition of Reston Waste marks a pivotal expansion, showcasing its commitment to becoming a leading force in the waste management industry across London.
