Displaying items by tag: Niramax Group
N+P acquires Niramax Group
23 June 2023UK: N+P has expanded its footprint in Northeast England through the acquisition of Niramax Group. Niramax Group operates a 300,000t/yr solid recovered fuel (SRF) plant in Hartlepool, County Durham. The newly acquired subsidiary will henceforth operate as N+P Hartlepool MRF. N+P already operates a Subcoal SRF plant in nearby Stockton-on-Tees. It aims to increase its total number of plants to 15 from five across the UK and the Netherlands by 2028.
Chief executive officer Karel Jennissen said “We are delighted to have completed this acquisition and look forward to welcoming the workforce to the N+P family. This site is part of a pipeline of acquisitions being undertaken that began with Crayford MRF last year, the largest recycling plant in the UK, and this is a key part of our growth strategy alongside building new greenfield operations. In addition to its existing activities, Hartlepool will become a hub for N+P’s research and development, which will aim to deliver further innovations to the waste market in order to improve the environmental outcomes of waste treatment and further improve recycling rates.”