Campbell Dallas’ Corporate Finance team advised the shareholders of GP Green Recycling Ltd on its recent successful sale to Enva, a provider of end-to-end waste management solutions in the UK and Ireland for an undisclosed sum.
GP Green Recycling, based in Blantyre, South Lanarkshire, is one of Scotland’s largest recoverers of organic wastes, recycling organic waste materials into a soil conditioner and high-grade compost certified to British Standard PAS 100.
Jim Gilchrist, founder of GP Green Recycling who will retire following the sale, said: “This is a very exciting time for GP Green Recycling, customers and staff. A lot has been achieved during my tenure and I am confident that Enva can further develop the business, serve our customers well and provide opportunities for our employees.”
Graham Cunning (pictured left), Head of Corporate Finance at Campbell Dallas said, “The deal is a great example of a buoyant M&A market for quality businesses. Funding is readily available for deals, and Scotland remains an attractive economy for buyers. Vendors just need to ensure they prepare their business for sale and take time to do so.”