The story
Renewi was founded by Guy Shanks and Andrew McEwan in 1880 as a construction company operating primarily in the West of Scotland under the name of Shanks & McEwan. In 1988, when it was first listed on the LSE, it acquired London Brick Landfill and with it an enormous landfill capacity north of London.
In the mid-1990s, the firm sold its remaining construction interests to concentrate solely on waste management. In 1998, a year before changing its name to Shanks Group, it acquired four waste management companies in Belgium.
In March 2000, Shanks bought Waste Management Nederland B.V. in the Netherlands. In July 2004, two years before buying Smink Beheer B.V. in the Netherlands for €62m, it sold its UK landfill and landfill gas power assets to Terra Firma Capital Partners.
In 2017, after agreeing to acquire it for €432 million and merging with the Dutch recycling group Van Gansewinkel, it was renamed Renewi plc. In 2019, as part of a strategy to focus the business on its core operations and regions, it sold its Canadian operations to Convent Capital and its Reym-branded industrial cleaning business to Remondis.
In February 2025, a consortium of Macquarie European Infrastructure Fund 7 (managed by Macquarie Group) and BCI UK IRR (managed by British Columbia Investment Management Corporation) made an offer worth £707 million to acquire the company. On 6 June, two days after the court approved the proposal, allowing the deal to be finalized, it was announced that the acquisition had been completed.
From Wikipedia’s article on Renewi, shared under CC BY-SA 4.0.5