Yorkshire based independent clinical waste business expands operations in south through acquisition
Mon 01 June 2009
Vertex Law advised GW Butler Limited (GWB), the Bradford based independent clinical waste company in the expansion of its operations in the Midlands and London through the purchase of the business and assets, as a going concern, of Medical Waste Solutions Limited (MWS) out of administration. The Vertex Law team consisted of waste sector specialist, Stuart Butler-Gallie (Corporate) and Ed Auger (Property).
The purchase of the MWS business and its Tempico rotoclave facility in Nottingham, effectively doubles the capacity of GWB’s operations and places GWB in an excellent position to take on all of the current MWS contracts through assignment or novation, including the clinical waste contracts for Nottingham University Hospitals NHS Trust, Peterborough & Stamford Hospitals NHS Foundation Trust and 5 London Hospital Trusts forming part of the London Procurement Programme.
Deanna Butler, Managing Director, said, "The MWS acquisition gives GWB the ideal stepping stone to become a national player as well as one of the largest independent operators in the sector”. She added, "The service levels provided by GWB to its customers to date has been a major factor in giving the MWS customer base assurance that they will be able to receive an independent, competitive, quality service."
The MWS acquisition was funded by investment in GWB by the waste sector entrepreneur, Matthew Miles.
Martin Helstrip, Operations Director of GWB said, "The process of purchasing from the administrators involved complex, and sometimes frustrating negotiation, but I believe that the acquisition is great news for GWB and for the employees of MWS. Without the support of Matthew, and the advice from Stuart and his team at Vertex Law, we would have been unable to close the deal."
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