Shanks Group
 | |
| Public | |
| Traded as | LSE: SKS |
| Industry | Waste management |
| Founded | 1880 |
| Headquarters | Dunedin House, Mount Farm, Auckland Park, Milton Keynes, MK1 1BU, UK |
Key people |
Adrian Auer (Group Chairman) Peter Dilnot (Group Chief Executive) |
| Revenue | £670.0 million (2013)[1] |
| £41.3 million (2013)[1] | |
| £35.2 million (2013)[1] | |
Number of employees | 4,086 (2013)[1] |
| Website | www.shanksmunicipal.com |
Shanks Group plc is a leading European waste management company operating in Europe and North America. It is listed on the London Stock Exchange.
History
The Company 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.[2] In 1988 the Company acquired London Brick Landfill[3] and with it an enormous landfill capacity north of London. The Company was first listed on the London Stock Exchange in 1988.[2]
In the mid-1990s the Company sold its remaining construction interests to concentrate solely on waste management.[2] In 1998 the Company went on to buy four waste management companies in Belgium.[4] It changed its name to Shanks Group in 1999.[5]
In March 2000 the Company bought Waste Management Nederland B.V. in the Netherlands.[6]
In July 2004 the Company sold its UK landfill and landfill gas power assets to Terra Firma.[7]
In 2006 the Company went on to buy Smink Beheer B.V. in the Netherlands for €62m.[8]
Operations
The Company's current operations are concentrated within the following four countries:[9]
- UK: activities include long term local authority municipal solid waste (MSW) contracts, the anaerobic digestion of food waste, and the production of lower-carbon alternatives to fossil fuels.
- The Netherlands: activities include collections, sorting and processing, re-use and recycling, soil cleaning, composting, landfill, refuse-derived fuel production and industrial cleaning.
- Belgium: activities include collections, recycling, soil cleaning, refuse-derived fuel production, industrial cleaning, waste treatment and landfill in Flanders, Wallonia, and Brussels.
- Canada: activities include aerobic tunnel composting in Ontario, and Ottawa.
References
- 1 2 3 4 Shanks plc Annual Report 2013
- 1 2 3 Shanks Group: History
- ↑ Bedfordshire County Council: London Brick Company
- ↑ Shanks buys in Belgium
- ↑ New name for Shanks Sunday Herald, 25 July 1999
- ↑ Shanks to buy Waste Management's Dutch Unit Haznews, December 1999
- ↑ Shanks Group is to sell its UK landfill operations to Terra Firma for £227.5m United Kingdom Environment News, 1 July 2004
- ↑ Companies Update
- ↑ Shanks Group: Our business
