Acquisition of Keenan (Recycling) Limited by Biffa Waste Services Limited

Deal typeTransaction Services
IndustryAgriculture & Business Services
Client nameBiffa Waste Services Limited
BDO has provided financial and tax due diligence services on the acquisition of Keenan (Recycling Limited) by Biffa Waste Services Limited.

Biffa has completed the acquisition of Keenan (Recycling) Limited, a food waste collection service provider for businesses including, restaurants, hotels, care homes, hospitals, and prisons operating across England, Scotland and Wales. The food waste collected is then transformed into electricity, heat and fuel. BDO LLP provided acquisition financial and taxation due diligence.

Established in 2003, Keenan is head quartered in Aberdeen, but quickly grew its footprint across Scotland, and into Wales & England. Keenan continues to grow, with new sites in North & South Wales and Kent being opened over the last twelve months. 

This acquisition further grounds Biffa as a UK leader in sustainable waste management, and follows Biffa’s recent acquisition of L&S Waste Management, which further bolstered the company’s sustainable management of various waste streams, including construction, hazardous, and household waste.

The BDO project team included:
Andy Harris, Darren Phillips, Alex Luker, Vaughan Coetzee, Harjean Gill, Chloe Banner (Financial due diligence)
Rosalind Payne, David Elliot, Andrew Hoover, David Rogers (Tax)