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Viridor snaps up JWS Churngold

  • 23 November 2011
  • By Chris Druce

Viridor Waste Management has bought JWS Churngold for £14.25m.

JWS Churngold provides waste logistics and transport for the Lancashire Private Finance Initiative (PFI) waste contract.

It is a joint venture between the shareholders of JWS Waste Recycling based in Salford, Greater Manchester and Churngold Holdings based in Avonmouth, Bristol.

JWS Churngold is licensed for 30 vehicles and 40 trailers across two operating centres: Leyland Waste Technology Park, and a former ICI plant located on Bourne Road, in Thornton-Cleveleys.

Colin Drummond, chief executive of Viridor, says: “JWS Churngold’s operations in Lancashire fit well with our existing and planned operations in the North-West, including those associated with the Viridor/Laing Greater Manchester waste PFI.

“The acquisition is expected to be earnings enhancing in its first full year.”

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Article source: http://www.roadtransport.com/Articles/2011/11/18/139760/viridor-snaps-up-jws-churngold.htm