Reconomy Acquired by EMK Capital

Reconomy, the UK’s leading outsourced waste management business, is pleased to announce that it has been acquired by EMK Capital LLP (“EMK”).Reconomy’s CEO, Paul Cox, stated that this new partnership represents the next stage in the Group’s transformational growth story.Paul further commented: “We are all excited by the opportunity to work with EMK and look forward to building upon our best-in-class tech platform, nationwide reach, and continued high customer satisfaction and service levels, to even greater successes in the future.”He further commented: “Whilst the leadership team remains largely unchanged, we will see two valued colleagues, Patrick Macdonald and David Benton step away from the business – in the case of David after 50 years in the waste industry. Patrick joined Reconomy in 2009, initially as CEO and latterly as Chairman, and was instrumental in the Group’s transformation. We thank them for helping Reconomy to become the business that it is today and wish them the very best for the future”.