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Lünen / Bad Krozingen. REMONDIS AG & Co. KG has, represented by its Munich-based regional company REMONDIS GmbH und Co. KG Region Süd, signed a contract to purchase all shares in Meier Entsorgung GmbH, Bad Krozingen. Under the terms of the agreement, REMONDIS is not only taking over Meier Entsorgung GmbH but also all shares in its subsidiaries and associate companies.
Meier Entsorgung GmbH is an environmental service business. The company group comprises eight locations in the German state of Baden-Württemberg. In 2007, a turnover of just under 50 million euros was generated by the company together with its 260 employees and 100 special vehicles.
The activities of the Meier Group cover all service areas: from the logistical collection of residual and recyclable waste, to the recycling of biowaste, to the treatment and processing of waste to generating energy in an anaerobic digestion facility.
By taking over the Meier group, REMONDIS is continuing to consistently extend its logistics locations for customer-oriented services. The modern treatment and processing facilities are perfect for the company group’s strategy which looks to achieve resource conservation and climate protection by creating intelligent material life cycles. Egbert Tölle, a board member of REMONDIS AG & Co. KG, commented, “What is particularly attractive about this takeover is that we will be able to use the full capacity of the existing company-owned sorting and processing facilities with recyclables and further extend the area of regenerative energy production using the existing material flows in the anaerobic digestion facility!”
Both parties have agreed not to disclose the purchase price; the takeover must still be approved by the Federal Cartel Office.
REMONDIS is one of the world’s largest privately run water and environmental service companies providing services for more than 20 million people. REMONDIS has branches and affiliate companies in 21 European countries as well as in China, Japan, Taiwan and Australia.
REMONDIS SE & Co. KG
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