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Veolia acquires two companies from Cleanaway joint venture buyout

by pcm_admin
January 11, 2019
in News
Reading Time: 2 mins read
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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.

 

Tags: AcquisitionAustraliaCleanawayCleanaway Waste ManagementJoint VentureTotal Waste ManagementTWMVeoliaVeolia Australia and New ZealandWestern Resource RecoveryWRR
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