Pennon Group plc, Exeter, U.K., has announced that its subsidiary, Viridor Waste Management Ltd., has acquired Storm Recycling Ltd., a Cheshire, U.K.-based old corrugated container and plastics recycling business for 1.7 million pounds (US$2.8 million). According to a release, the acquisition is in line with Pennon Group’s strategy of expanding its waste management activities, particularly in the recycling sector.
Storm Recycling handles around 20,000-25,000 metric tons of old corrugated containers (OCC) and plastics per year.
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