Veolia acquires ACTQ Septic Services, builds liquid waste capability
Tuesday, 19 December, 2017
Environmental solutions provider Veolia Australia and New Zealand has announced its acquisition of ACTQ Septic Services, building on its liquid waste services offering in the Australian Capital Territory (ACT).
With an annual turnover of $1.5 million and five full-time employees, ACTQ Septic Services offers grease trap and portable toilet (septic) services across ACT from its Queanbeyan-based facility. The company was established in 1994 by Greg McAllister, and the ownership had remained unchanged since this time.
“The decision to purchase ACTQ falls in line with Veolia’s strategic plans to expand our liquid waste solution offering, ensuring we have the capability to meet future market demand while complementing our existing portfolio of waste management services,” said Danny Conlon, Veolia’s executive general manager – eastern region.
The acquisition was also aligned to meet service requirements for existing customers, such as the Department of Defence. It enables Veolia to bring previously outsourced services, such as portable toilet hire, in-house.
“We can now offer a broader range of waste and wastewater management services to our ACT and regional NSW customers,” said Conlon. “The biggest benefit lies in being able to scale our local operations, which will enable better utilisation and reduce disposal costs.”
The ACTQ purchase is the fourth waste services business acquisition completed by Veolia in 2017, following the latter’s acquisitions of Catalyst, Ellwaste and Clean It earlier in the year.
Veolia commenced operations for ACTQ on 6 November.
Industry opposes Ipswich City Council's decision to send all content from yellow lid recycle...
Further government investment in the domestic recycling sector could result in the creation of...
Australian export of scrap paper and plastics has dropped significantly in value due to global...