Global investment firm KKR is reportedly preparing to initiate the sale of its UK-based recycling and waste management company Viridor in September, with the transaction expected to value the business at around £7 billion.
KKR first acquired Viridor in 2020 for approximately £4.2 billion from the London-listed Pennon Group. Since then, the firm has overseen a period of expansion, strengthening Viridor’s position in the UK’s recycling sector through operational upgrades and service diversification.
Potential Buyers Lining Up
Industry sources indicate that the sale could draw interest from major infrastructure investors. Names mentioned include CK Hutchison’s infrastructure division and UK investment manager Equitix, although additional bidders are expected to emerge once the process begins.
Strong Financial Performance
For the fiscal year ending March 2024, Viridor reported £579.4 million in revenue and £153.6 million in pre-tax profit, underscoring the company’s healthy financial position and potential appeal to infrastructure and sustainability-focused investors.
Sector Context
The move comes at a time when demand for large-scale waste management and recycling infrastructure is rising, driven by environmental targets, tightening regulations, and corporate commitments to net-zero strategies. Viridor’s established footprint across the UK makes it a strategic asset for investors seeking long-term exposure to the circular economy.
Partner With Us
Want to feature your brand, business, or service on 365247 — Whether you’re looking to sponsor, collaborate, or build presence within our ecosystem, we’d love to explore it with you.
Submit your Interest Here
IMAGE: Reuters
