East Midlands-headquartered Holcim UK has acquired Thames Materials Limited, a construction waste management company in London.
The acquisition will reinforce Holcim UK’s position in the recycling and construction demolition materials (CDM) market in London and surrounding areas.
Thames Materials was formed in 1995, employs 90 people, has a fleet of 62 vehicles, and has its head office in Uxbridge. Recycling operations are conducted from a 12-acre facility in Harefield, which has recently seen its annual permitted processing capacity increase to 750,000 tonnes.
Lee Sleight, CEO of Holcim UK, said: “I am very pleased to announce the acquisition of Thames Materials and feel that it’s really exciting for them to be joining Holcim
“It strengthens our footprint in the London construction market and aligns to our ambition of making sustainable construction a reality as we work towards becoming the leading UK provider of sustainable solutions.
“We only have one planet. Now, more than ever, we must ensure we prolong the life of our natural resources and look to build new from old as much as possible.
“Thames also has a great synergy with our existing recycling and construction demolition materials business in the East of London and the acquisition will allow us to develop our services and reach to support the move to a more circular economy – especially with the need for greater use of recycled or reused materials in projects within the capital. By 2030 we have set ourselves a target to process 6.5 million tonnes of CDM annually.”
Martin Clarke, managing director of Thames Materials, said: “We’re really looking forward to taking the business forward with Holcim UK and harnessing their expertise and networks.
“This move allows us to continue on our growth trajectory and expand both our capacity and offering. Holcim is a market leader in the UK and internationally with a clearly articulated vision for circularity and sustainability and we are excited to be a part of that.”
