Onyx Purchases Shanks Group's UK Hazardous Waste Operations

Date: October 12, 2005

Source: News Room

Onyx, the Waste Management Division of Veolia Environnement, has purchased Shanks Group's UK hazardous waste operations for €41 million, or $49 million / £28million. Onyx officials said the investment will be stimulated by the introduction of the Landfill Directive in the UK and strict new treatment and disposal requirements. As a result of the acquisition, Onyx's market share has grown from 21 to 33 percent, making it the sector's leading company in the United Kingdom.
More information: www.onyxws.com or www.veoliaenvironnement.com.

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