Elysian Capital portfolio company Raymond Brown Group sells Waste division to Collard Group Limited

Raymond Brown

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Elysian Capital portfolio company Raymond Brown Group sells Waste division to Collard Group Limited

21.10.19

Collard Group Ltd completed the acquisition of Raymond Brown Waste Solutions Ltd (RBWS) on 18th October combining two of the biggest names in waste management in the South of England.

The newly combined business now operates from nine recycling centres across five counties from Hampshire to Surrey, Berkshire, Oxfordshire and Wiltshire. The enlarged Collard Group will now employ over 400 full time staff, have over 4000 skips, a 150-vehicle fleet and turnover in excess of £50 million. The acquisition propels the company further into the top-tier of waste companies with the capacity to process over 1 million tonnes of waste and recycling every year.

Don Coates, Chief Executive Officer commented:

 “Raymond Brown Waste Solutions has been a key part of the group’s overall development but will now have more opportunities for growth as part of a focussed waste business. I thank my colleagues for their hard work and dedication to Raymond Brown Group over the years and wish them all the best in what I am sure will be a prospering waste company. Raymond Brown Group will now concentrate on growing its Quarry Products and Fortis IBA divisions, both of which have had recent success in securing new reserves and contracts.”

The announcement coincides with the 25th Anniversary of the establishment of R Collard Ltd and is a perfect way for the company to celebrate a quarter of a century in the waste business.

Rob Collard, Founder and Owner said that it will be ‘business as usual’ following the announcement:

“The integration of Raymond Brown Waste Solutions’ facilities, fleet, equipment and people including the existing management team will enable us to achieve a seamless transition of service for existing customers,” says Rob, “The deal brings together two successful businesses and strong brands, giving us more capacity across a much bigger area and expanding the services available to Raymond Brown Waste Solutions’ existing customers.”

 

Raymond Brown was advised by Quercus (Corporate Finance), CRS (Legals), GT (Tax).

Collard Group was advised by Menzies (Financial) and HCR (Legals).

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