MBO for recycling specialist - Embedded.com

MBO for recycling specialist

LONDON — M Baker Recycling Ltd (MBR) has undergone a management buy out in a deal designed to enable the business to become the premier WEEE recycling facility provider in the U.K.

M Baker Recycling (St Helens, England) has been bought by Environmental Intelligence Ltd, whose directors Andy Slaney and Julie-Ann Adams have been involved in the setting up and operational management of MBR since 2001.

Environmental Intelligence Ltd was set up in 2005 by Slaney and Adams, who are the sole directors, to facilitate a number of more specialist WEEE consultancy activities.

Michael Baker, the founder, and Keith Pyne the previous managing director of MBR said jointly, “We are absolutely delighted with the outcome of this deal, and could not leave the business in better hands.” The company will keep the name M Baker Recycling Ltd.

“MBR has an excellent reputation with its clients and stakeholder partners and has worked hard from a scratch start in 2001 to become one of the leading WEEE facility providers, both in the UK, but also in the Republic of Ireland, the Isle of Man and more recently Jersey, said Adams.

Following eighteen months of research, M Baker Recycling Ltd was set up as a separate subsidiary company by the M Baker Group at the end of 2001 to develop services to local authorities, waste management companies and other organizations for the collection and treatment of end of life electrical and electronic equipment. Initially, this was targeted at the specialist disposal of refrigerators and freezers following the implantation of the ODS Regulations at the beginning of 2002.

Whilst starting with the treatment of waste fridges, they have always been working towards the requirements of the WEEE Directive and have participated in a number of stakeholder groups with the DTI, DEFRA the EA and ICER over the proposed legislation, guidance documents and achievable standards, and consider that our knowledge of the Directive is outstanding in the industry.

In May 2005 they modified their Waste Management Licence, and are now fully licensed to accept all ten categories of WEEE. They installed two specially designed CRT dismantling machines in September 2005. They are to purchase a bespoked WEEE plant to be installed this year.

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