Recycle It Global (RIG) has acquired Park-an-Chy Waste Transfer Station as part of its ambitious growth strategy to drive technological advancements in solid and fluid waste.
RIG is an engineering company, specialising in the processing of technical waste generated from construction and demolition arisings. RIG will deliver cost-effective engineering solutions for processing technical waste to create sustainable construction aggregates such as single sizes and sands.
The acquisition is part of a strategic move of continued growth in the south of England for RIG, as the company expands its client base across Devon and Cornwall. The deal will see new jobs created and the advancement of waste management and plant training, in partnership with Cornwall College. Park-an-Chy is located on the outskirts of Scorrier.
RIG CEO Paul Nicholls said: “Acquiring Park-an-Chy Waste Transfer Station allows us to scale our pioneering work, by diverting waste from landfills and creating a circular economy solution to the UK’s mineral requirements.
“As part of our growth, we’re looking to create a cutting-edge research and development waste processing depot to advance bioremediation techniques of complex waste streams, to expand our positive impact for a circular waste economy.”
Hill Dickinson and Bishop Fleming supported the buyers in the deal, whilst Wilde Law supported the sellers.