Leading privately owned packaging and resource recovery company Visy will acquire the Australian and New Zealand glass manufacturing business of Owens Illinois in a deal worth almost A$1 billion.
Veolia Australia and New Zealand has completed a buyout of its joint venture with Cleanaway Waste Management, purchasing Western Resource Recovery (WRR) and Total Waste Management (TWM) in December.
The two waste management companies established Western Resource Recovery and its treatment arm Total Waste Management in 2000 as a joint venture, Veolia assumed operation on 11 December, 2018.
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Veolia Acting Group General Manager for Western Australia Clay South said the company is pleased to become the sole operator of the two businesses and will continue reliable operation for existing customers.
“The liquid and hazardous waste treatment market is a key strategic growth area and by wholly owning both operations Veolia now offers a competitive liquid waste collection and treatment service in Western Australia,” Mr. South said.
The operational footprint of WRR and TWM is large, spanning Western Australia from Perth to Karratha, this provides waste management services to 3500 retail and industrial customers across the state.
The deal will see Veolia solely owning and managing six depots in the region, with infrastructure in Perth (Welshpool), Geraldton, Kalgoorlie, Karratha, Port Hedland and Bunbury.
Across WRR and TWM, Veolia will now manage 61 full-time employees and a fleet of 25 trucks.
Veolia have also acquired a liquid treatment plant and tank farm.
Veolia Australia and New Zealand CEO Doug Dean has announced his retirement and named his successor.
Danny Conlon has been appointed as Veolia’s CEO and Managing Director, effective 1 July 2018 and will be responsible for the continued growth and success of Veolias’ portfolio of water, waste and energy operations.
Mr Dean has worked with Veolia for 27 years and oversaw a period of sustained growth and achieved a number of successful acquisitions and joint ventures.
He will take on a consulting role with Veolia to provide strategic advice and governance support for the organisation as needed.
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The company has thanked Mr Dean for his significant contributions to the business over the last three decades.
Mr Conlon has been an employee of Veolia for more than 20 years, beginning as a Waste Collection Operations Manager. He was the Executive General Manager for Veolia’s East-Coast Operations since 2014.