Renewi

Renewi plc is a leading European waste management company operating primarily in the Benelux region. It was listed on the London Stock Exchange (LSE) and Euronext Amsterdam until it was acquired by a consortium formed by affiliates of the Macquarie Group and BCI in June 2025.[2]

History

Renewi was founded by Guy Shanks and Andrew McEwan in 1880 as a construction company operating primarily in the West of Scotland under the name of Shanks & McEwan.[3] In 1988, when it was first listed on the LSE, it acquired London Brick Landfill and with it an enormous landfill capacity north of London.[4]

In the mid-1990s, the firm sold its remaining construction interests to concentrate solely on waste management.[3] In 1998, a year before changing its name to Shanks Group,[5] it acquired four waste management companies in Belgium.[6]

In March 2000, Shanks bought Waste Management Nederland B.V. in the Netherlands.[7] In July 2004, two years before buying Smink Beheer B.V. in the Netherlands for €62m,[8] it sold its UK landfill and landfill gas power assets to Terra Firma Capital Partners.[9]

In 2017, after agreeing to acquire it for €432 million and merging with the Dutch recycling group Van Gansewinkel,[10] it was renamed Renewi plc.[11] In 2019, as part of a strategy to focus the business on its core operations and regions, it sold its Canadian operations to Convent Capital [12] and its Reym-branded industrial cleaning business to Remondis.[13]

In February 2025, a consortium of Macquarie European Infrastructure Fund 7 (managed by Macquarie Group) and BCI UK IRR (managed by British Columbia Investment Management Corporation) made an offer worth £707 million to acquire the company.[14][15][16] On 6 June, two days after the court approved the proposal, allowing the deal to be finalized, it was announced that the acquisition had been completed.[17]

Operations

The company's current operations are concentrated within the following three countries:[18]

• UK: activities include long term local authority municipal solid waste (MSW) contracts, the anaerobic digestion of food waste, and the production of lower-carbon alternatives to fossil fuels.
• The Netherlands: activities include collections, sorting and processing, re-use and recycling, soil cleaning, composting, landfill, refuse-derived fuel production and industrial cleaning.
• Belgium: activities include collections, recycling, soil cleaning, refuse-derived fuel production, waste treatment and landfill in Flanders, Wallonia, and Brussels.

External links

• Official site