Viridor to Sell Collections Business and Majority of Recycling Locations
06.10.21
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Simpson Thacher is representing Viridor Limited in connection with the complex carve-out of Viridor’s collections business and the majority of its recycling locations and its sale to Biffa plc. Closing of the sale is subject to a number of conditions, including CMA approval. Viridor is one of the U.K.’s leading recycling and residual waste businesses and Simpson Thacher previously advised KKR Global Infrastructure Investors Fund III in connection with its acquisition of Viridor Limited from Pennon Group plc.
The Simpson Thacher team includes Amy Mahon, Jenny Leung, Marie-Eve Nault-Cloutier and Tarek Soliman (M&A); Li Lin (Banking and Credit); Étienne Renaudeau, Daniella Sinobad and Jessica Davies (Antitrust); and Yash Rupal, Joseph Tootle and Ellie Verran (Tax).