Renewi to Exit UK Market with Bin Collection Business Sale
Thursday, 30 May 2024, 21:01
Market Report
Renewi, a company rooted in the construction industry since 1880, is making headlines by selling off its municipal division to Biffa for £131 million. This move signifies a major strategic decision for Renewi as it plans to exit the UK market.
Key Points:
- Renewi: A long-standing company with historical significance
- Biffa: Acquisition of Renewi's municipal division for £131 million
- UK Market: Renewi's strategic exit from the UK
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