Pennon expands waste management division with bolt-on acquisition

Water group Pennon has acquired waste collection and recycling business JWT Holdings in an effort to expand its waste management activities, particularly in the collection, recycling and energy recovery sectors.

Water group Pennon has acquired waste collection and recycling business JWT Holdings in an effort to expand its waste management activities, particularly in the collection, recycling and energy recovery sectors.

JWT, based in Atherton, Greater Manchester, was bought from John William Thomasson for a total consideration of £7.6m (£6.58m cash plus acquired net debt). It employs 45 staff and handles around 70,000 tonnes of material a year.

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