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Management News Blog Archives
Management News Blog posts insightful comments on the latest international news that render us taken-aback in the domain of the management facet of life. Management-News Blog: Waste-Management News Viridor acquires Grosvenor Waste Management: December 11, 2007
Exeter, Devon, UK: Pennon Group Plc announced recently that its subsidiary Viridor Waste-Management, has acquired Grosvenor Waste-Management, a leading UK materials recycling company, for a cash consideration of £79.5m plus debt of £1.5m. Pennon says that the acquisition is in line with the Group’s strategy of expanding its waste-management activities. Grosvenor operates the Crayford MRF (materials recycling facility) which is the largest in the UK and one of the most technologically advanced. It also operates a MRF on behalf of Peterborough City Council and has industrial and commercial collection activities complementary to its recycling facilities. The company also has an extensive recyclate sales network both in the UK and overseas. Grosvenor has invested over £5.4 million in new facilities and management processes since 2004, including a new autosort plastic and can facility which was installed in summer 2006 at a cost of £1.5 million and more recently an additional 80,000 tonnes per year material recycling line. The company employs over 250 people. Management News Blog Comment: Waste management is not a subsidiary to any other mainstream anymore; rather it has acquired the stature of an entirely independent science as well as a complex hi-tech business on and of its own accord. It simply happened so since the production crossed the levels of consumption on earth. Over-production is the bloodline of the modern capitalistic structure of business. Over-production does need over-consumers. But consumption is not as easy as production is, which should never stop 24 x 7 even for a minute; or the business will go in losses. So the problem of used as well as unused waste to be managed! And the solution is a booming business of waste-management technology! I invite you to subscribe to my E-zine titled Life Coach, free of charge. This E-zine publishes insightful comments on the latest international news that render us taken-aback in the domains of various facets of life. A not-to-be-missed opportunity! Subscribe to it here: I also invite you to subscribe to my Life Blog - no need to provide your e-mail address here. This RSS feed keeps you informed about new developments taking place on this site. It also harbors 25 journal bloglets posting insightful comments on the latest international news that render us taken-aback in the domains of various facets of life. In order to subscribe to the blog, right-click on the orange RSS button (see buttons up to the left) and then paste the URL into your RSS reader. Or click on add to My Yahoo! button or My MSN or Add To Google button if you keep a personalized home page there. If you are not sure what RSS or blogging is all about, click on What's an RSS Feed? here:
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