You are here: / / / CEL Acquires Waste Company

CEL Acquires Waste Company

Author: Tyrepress Editors Comments: 0

Credential Environmental Limited (CEL), the tyre, automotive and special waste collector and reprocessor, has acquired Betta Special waste and Betta Environmental Solutions. The deal, details of which were not revealed, effectively doubles the size of CEL’s hazardous waste division.

The acquisition is the first move in an aggressive expansion programme, announced in March, when CEL secured funding for future growth from venture capital company Ailsa3 Ventures.

Together with its two subsidiaries, Waste Tyre Solutions and Automotive Waste Solutions, CEL a market leader in the collection and recycling of used tyres and the management of specialist automotive wastes such as brake fluids, batteries, oils and catalytic converters. The enlarged hazardous waste division will be capable of handling around 50,000 tonnes of waste a year from the automotive, pharmaceutical and industrial markets.

Related news:

  1. Firestone Helps Keep America Tidy
  2. BFRC to Sponsor Great American Cleanup
  3. Vellco Gains ISO 14001 Accreditation
  4. MAM Aids MPD’s Expansion
Comments
Comments closed
Share this entry
Consumers Have ‘Wait and See’ Attitude to Hybrids Eagle Revspec Wins Influential Australian Tyre Test

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.