Sims Recycling Solutions announces acquisition of Wincanton's electronic recycling assets

Wincanton PLC, the leading European supply chain solutions provider had developed its electronic recycling operations over the past seven years into a highly successful operation. The business comprises Waste Electrical and Electronic Equipment (WEEE) processing plants at Billingham and Daventry, a fridge recycling plant at Billingham and sortation centres at Harlow and Widnes. The business employs approximately 146 employees who, following consultation, will transfer to Sims under TUPE on completion.

Sims Recycling Solutions is part of the Australian listed business, Sims Metal Management. It employs over 5,500 people, operates in 20 countries across five continents, and has existing UK electrical recycling facilities in Newport, Manchester, Ellesmere Port and Dumfries.

Graham Davy, Global CEO of Sims Recycling Solutions said: “We are delighted to welcome the recycling business of Wincanton into Sims. Its retailer led capability and logistics expertise together with its infrastructure ideally complements our own business model that drives off operational, commercial, commodity and technological excellence.

“Apart from the direct operating level synergies, we have also created a strong link with Wincanton PLC’s reverse logistics solutions that in combination will offer an unparalleled level of recycling excellence and service convenience to our UK customer base.”

Graeme McFaull, Wincanton’s Chief Executive, commented: “Wincanton has built a successful recycling business over the last seven years, with the support and dedication of its employees. The future of this business will be enhanced as part of a specialist operator in the sector with a wide range of recycling and metal processing activities that complement the Wincanton operations at Daventry and Billingham.  We look forward to working with Sims in the future.”