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Shanks Group
From Wikipedia, the free encyclopedia
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| Type | Public |
|---|---|
| Traded as | LSE: SKS |
| Industry | Waste management |
| Founded | 1880 |
| Headquarters | Dunedin House, Mount Farm, Auckland Park, Milton Keynes, MK1 1BU, UK |
| Key people | Adrian Auer (Group Chairman) Peter Dilnot (Group Chief Executive) |
| Revenue | £750.1 million (2012)[1] |
| Operating income | £53.4 million (2012)[1] |
| Net income | £26.8 million (2012)[1] |
| Employees | 4,094 (2012) |
| Website | www.shanksplc.com |
Shanks Group plc is a leading European waste management company operating in the UK, Belgium, Canada and the Netherlands. It is listed on the London Stock Exchange.
Contents |
History
The Company was founded by Guy Shanks and Andrew McEwan in 1880 as a construction company operating primarily in the West of Scotland under the name of Shanks & McEwan.[2] In 1988 the Company acquired London Brick Landfill[3] and with it an enormous landfill capacity north of London. The Company was first listed on the London Stock Exchange in 1988.[2]
In the mid-1990s the Company sold its remaining construction interests to concentrate solely on waste management.[2] In 1998 the Company went on to buy four waste management companies in Belgium.[4] It changed its name to Shanks Group in 1999.[5]
In March 2000 the Company bought Waste Management Nederland B.V. in the Netherlands.[6]
In July 2004 the Company sold its UK landfill and landfill gas power assets to Terra Firma.[7]
In 2006 the Company went on to buy Smink Beheer B.V. in the Netherlands for €62m.[8]
Operations
The Company's current operations are concentrated within the following four countries:[9]
- UK: activities include long term local authority municipal solid waste (MSW) contracts, contaminated land services, industrial and commercial collections and recycling, and landfill (via joint ventures).
- The Netherlands: activities include collections, sorting and processing, re-use and recycling, soil cleaning, composting, landfill, refuse-derived fuel production and industrial cleaning.
- Belgium: activities include collections, recycling, soil cleaning, refuse-derived fuel production, industrial cleaning, waste treatment and landfill in Flanders, Wallonia, and Brussels.
References
- ^ a b c Preliminary Results 2011
- ^ a b c Shanks Group: History
- ^ Bedfordshire County Council: London Brick Company
- ^ Shanks buys in Belgium
- ^ New name for Shanks Sunday Herald, 25 July 1999
- ^ Shanks to buy Waste Management's Dutch Unit Haznews, December 1999
- ^ Shanks Group is to sell its UK landfill operations to Terra Firma for £227.5m United Kingdom Environment News, 1 July 2004
- ^ Companies Update
- ^ Shanks Group: Our business
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