Business

Acumen acquires waste management group Highspeed

Acumen’s Kris Sutton (2nd from right) with the Highspeed Team (L to R: David Mears, Andy Vincent & Matthew Mears) at BTME 2017
Acumen Waste Services Ltd announced last week (27 March) that it had completed the acquisition of waste management company Highspeed Group Ltd, finalising the deal on 24 March.

The deal sees the complete acquisition of all of Highspeed’s subsidiary companies, its staff, its headquarters and its waste transfer and treatment facility in Keighley, West Yorkshire.

Acumen will also be continuing the work done by Highspeed in developing its Clearwater water recycling system, set up in 2003, and its Waste Away waste management service for low-volume waste producers, set up in 2009.

The Highspeed Group provides services across industry including waste management services dealing with waste oil, chemical packaging, workshop waste, aerosols and filters.

Management should be ‘proud’ of achievements

Acumen stated that Highspeed’s management team of David Mears and Andrew Vincent will be kept on as consultants at Acumen to ensure a smooth transition.

Commenting on the deal, Kris Sutton, Finance Director of Acumen, said: “We’re proud to be able to welcome the Highspeed team and their customers to Acumen. Andrew Vincent, David Mears and the team can be justifiably proud of what they have achieved with the business.”

David Mears of Highspeed added: “Andy and I have developed the business over the last 16 years taking us into new markets and we wanted to ensure that any new owners would share our vision for the business and Acumen have demonstrated those shared goals. We can now look forward to our retirement in due course.”

Acumen was established in 1994 in the North-East as Limpia Waste Management before relocating to West Yorkshire in 1996 and deals in waste management services for hazardous waste, waste oil, asbestos disposal and recycling and energy projects.

More information is available on Acumen’s website.