Viridor Credits on:
[Wikipedia]
[Google]
[Amazon]
Viridor Ltd (from the Latin 'to become green') is a recycling,
Viridor Ltd (from the Latin 'to become green') is a recycling, renewable energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...
and waste management company in the United Kingdom, owned by KKR
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strateg ...
(previously owned by Pennon Group
Pennon Group plc is a British water utility company based in Exeter, England. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. 83% of the company's profits come from its subsidiary, South West Water. ...
).
History
The company was formed in 1956 as Harrison Western Ltd, later becoming Haul Waste Ltd. Haul Waste became part of Pennon (then South West Water Ltd) in 1993, and grew by purchasing companies in the waste collection and landfill disposal market. In 1995 it bought Blue Circle Waste Management, bringing about South West Water's name change to Pennon Group in 1998, and the merger of Haul Waste and Blue Circle Waste Management under Viridor. It subsequently acquired part of Churngold's waste business in June 2003, Thames Waste Management in 2004, SomersetLAWDC In the UK a local authority waste disposal company (LAWDC)LAWDC Review
http://w ...
Wyvern Waste in 2006, Grosvenor Waste Management and Skipaway Holdings in 2007, and Shore Recycling in 2008. Later in 2015 Viridor took over the collection side of Dorset based waste company Commercial Recycling.
Today the business is valued at around £4 billion, with recent acquisitions and growth focused on expanding the company's recycling and energy from waste capacity. Viridor was awarded the Greater Manchester Waste PFI contract, the largest waste and renewable energy contract in the UK.
On 12 August 2010, the company was featured on Channel 4 documentary '' Undercover Boss'', in which Chief Executive Colin Drummond went undercover as a new recruit inside the company.
In March 2020, Kohlberg Kravis Roberts agreed to buy Viridor in £4.2bn deal. The transaction was completed on 8 July 2020.
http://w ...
Viridor Credits
As part of the Landfill Communities Fund tax credit scheme, Viridor created the Viridor Credits scheme which in 2001 to distribute funds to communities for heritage and biodiversity projects. They reported £7.6m in grants in 2017/18.See also
*List of waste management companies
Although many entries in this List of waste management companies are Multinational corporations, the associated country listing is by location of ''Management HQ''.
Companies
See also
*LAWDC In the UK a local authority waste disposal company ...
* List of solid waste treatment technologies
* Greater Manchester Waste Disposal Authority
References
External links
* {{official website, https://www.viridor.co.uk Companies based in Exeter Waste management companies of the United Kingdom