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Reconomy acquires Germany’s Reverse Logistics Group

Environmental services specialist Reconomy has agreed to purchase Munich-based Reverse Logistics Group (RLG) as part of its international expansion plans.

RLG is a provider of end-to-end solutions for returns management and environmental compliance to businesses in over 80 countries worldwide, helping customers deal with the increasing environmental, regulatory, and logistical demands facing businesses today.

Turnover for RLG in 2020 is forecast to be greater than 170m Euros, which when combined with the existing Reconomy Group, takes pro-forma 2020 revenues above £465m. This is the second overseas acquisition for the Reconomy Group, building upon that of Noventiz, based in Cologne and announced in October.

The acquisition creates a global presence in core disciplines and also adds an entirely new capability to the Reconomy Group and its clients, namely reverse logistics.  Reconomy says this proposition development is a key part of its long-term strategic plan to become a global leader in tech-enabled services to drive the circular economy.

Reconomy CEO Paul Cox, said: “This is a hugely exciting move for the Reconomy Group. Having taken our first step into the international market a few weeks ago, the acquisition of RLG gives us a truly global presence. It’s a major event in our journey, of which we are very proud. Looking at the consumer trends that will affect businesses going forward within the circular economy, we believe that broadening our capability – adding reverse logistics alongside our core resource management and environmental compliance offering – will ultimately bring significant benefit to Reconomy customers in the years to come. We’re delighted to welcome RLG’s experienced management team and all of their colleagues into the Reconomy family”.

RLG CEO Patrick Wiedemann added: “After an outstanding development of RLG in the past years, positioning the group as a leading global market player in the reverse logistics space with highly innovative solutions, we are now looking very much forward to continuing this success story as part of Reconomy Group. This enables us to now move to the next phase of our strategic development and further expand our service offering. The capabilities of Reconomy and RLG in combination build the basis to be a global leader in circular economy solutions, acting as an enabler for the transformation towards true environmental sustainability for our customers, while at the same time ensuring an outstanding customer experience in the returns process. We are very much looking forward to the exciting journey ahead”.

Securitas completes MK Group Security acquisition

Securitas Security Services UK Ltd (Securitas) has confirmed its acquisition of Milton Keynes Security Services Ltd and its associated companies, together trading as MK Group Security.

Securitas has acquired the entire shareholdings in the MK Group Security companies, the expertise and customer portfolio of which its says will ‘perfectly complement’ the existing Securitas business.

As part of the Securitas Group, MK Group Security will continue to deliver local, professional security services to clients and will transition to operate under the Securitas brand by end 2018.

MK Group Security, founded in 1992, supplies security services in Milton Keynes and the surrounding areas.

With more than 90 employees, specialising in both static and mobile security services, MK Group Security operates from its operations hub in Milton Keynes, with a strong focus on the SME market.

Securitas claims the deal means no other security provider layers six services: On-site, Mobile, Remote, Electronic security, Fire & Safety and Corporate Risk Management.

The acquisition also sees Securitas continue to build its electronic alarm surveillance services and mobile security services for small and medium-sized businesses across the UK, as part of its Vision 2020 strategy.

Peter Watson, Managing Director, MK Group Security, said: “This is a fantastic opportunity for MK Group Security, for our officers and for our clients – Securitas is a leading global player in the security industry and there are huge opportunities for development and growth.”

Atlas acquires Emprise

Atlas FM has acquired the business and assets of Emprise for an undisclosed amount.

Established for over 30 years, Atlas FM is one of the UK’s biggest privately owned providers of commercial cleaning and security services with a strong blue chip client base, a network of regional offices throughout the UK and a head office in Hanworth Greater London.

Discussing the acquisition, Ray Empson, co-owner of Atlas said: “The financial strength and resources of Atlas will enable us to maintain and develop our current range of services across a wider geographical area. All existing Emprise staff and management will transfer over to Atlas ensuring smooth continuity of service.”

Nick Earley, co-owner of Atlas added: “As with the best business combinations, this amalgamation will take place slowly and carefully as we learn from each other; ensuring both that customer service is maintained and enhanced and we support and develop our teams.”