Oil recycling firm OSS buys rival

MERSEYSIDE-based waste management company OSS Group has expanded its regional footprint with the acquisition of a smaller rival.

The Knowsley-based group, has swooped for Nottingham based Hall and Campey, a business with 20 staff and turnover of £2.4m. Financial terms were not disclosed.

OSS Group has annual sales of around £25m and specialises in collecting and recycling hazardous garage and workshop waste, particularly waste mineral oils, which it recycles into a Processed Fuel Oil product called Gen3.

Hall and Campey was founded in 1977 and is an established waste oil collection business primarily operating in the Midlands and East Anglia, also specialising in garage waste, secure materials destruction and plastic recycling with two depots in Nottingham.

Iain Lees, acting managing director of OSS said: “Adding the regional strength of Hall and Campey to our existing national service creates a much stronger organisation in terms of total UK coverage.  It operates similar services to OSS and will continue very much as now but with the benefit of the OSS infrastructure and additional customer services.”

All Hall and Campey’s staff, apart from co-founder Paul Campey, who is retiring, will be retained by OSS at  the two sites in Nottingham.
 
The plastics recycling and secure materials destruction operated by Hall and Campey will be developed by OSS with the intention of extending these as products available nationally.

Hall and Campey was advised by Manchester-based  Ford Campbell Corporate Finance.
 
Tim Marlow at Ford Campbell led the deal and said: ““The deal sees the end to an exit program where the company has changed significantly and provides OSS with the platform to further strengthen its market position in a fast paced and ever evolving industry.”

OSS was advised by Mark Steel, an associate director at Grant Thornton in Liverpool, who said: “OSS is a long-standing client and we are delighted to close this deal, which will provide the firm with the feedstock necessary to continue to grow and develop their innovative patented waste recovery process.”