Paper Round acquires Hastings based recycling company, Reef Environmental
Thursday 25th November 2021
Darren Hedges, Paper Round Brighton Director (left) & Richard Taylor, Reef Environmental Director (right)
The acquisition will allow us to extend our reach along the South coast - expanding our successful Brighton based business further into East Sussex and Kent for the first time.
It provides us with increased coverage area, facilities, and capacity to benefits customers old and new.
We're really excited to welcome Reef's range of customers to the Paper Round family, enhancing our portfolio and service offering in the South East.
Managing Director of Paper Round, Bill Swan said: ‘the acquisition of Reef reinforces our commitment to business growth and allows us to expand our coverage throughout Sussex and Kent. Our Brighton business posted its best ever month in September, despite the pandemic, so now is the perfect time to expand our South coast business. We’re looking forward to building on the high-quality service that Reef Environmental provides its customers. This announcement comes at an exciting time for the business, as we commit to net zero by 2030 and start to electrify our entire fleet, with the purchase of three electric dustcarts costing over £1m.’
Richard Taylor, Director of Reef Environmental Solutions commented: ‘It is great to now be part of Paper Round, who share our key values of service excellence and reliability, but with the added benefit of bringing a wide range of new recycling services to our customers and the South East.‘