International law firm Trowers & Hamlins LLP has advised US based, Impact Environmental Group (IEG) on the acquisition of Capital Compactors Limited (CCL), a leading service provider of waste compactors and recycling balers in the UK.
IEG was founded in 1999 and has grown into a global environmental products and services business with facilities across the US and Europe providing a comprehensive suite of new and replacement products for waste containers, collection and compaction equipment and waste transportation equipment.
The acquisition of CCL becomes the fourth major UK waste products and services business to join IEG alongside Egbert Taylor Holdings Limited, Duraflex and UKCM with CCL supporting IEG's customer-service orientated growth plan, which will centre on building a comprehensive waste solutions business in the UK through 'Best of British' brands focussed on sustainability. IEG anticipates a seamless transition as all of CCL's employees remain in place including Managing Director, Daniel Parsons and Technical Director, Laurence Lindsay, in addition to support by IEG's EMEA Managing Director, Mike Braddock.
Moad Giebaly, Trowers' Partner, said:
"We are delighted to have had the opportunity to work with IEG on this transaction and we have no doubt that IEG having expanded its operations and market coverage within the UK will continue to strive going forward. Trowers & Hamlins has advised on a number of transactions in the manufacturing and waste recycling sector this year."
The acquisition was led by Corporate Partner Moad Giebaly who was assisted by Corporate Associate Amar Mehta, Employment Partner Rebecca McGuirk advised on employment, Commercial Partner Victoria Robertson advised on commercial and data protection and assistance from our colleagues in property, banking and environmental.
