Binn Group, one of Scotland’s most progressive recycling and resource management companies, has bought over the business of long-established Perth firm Holden Environmental Ltd.
The deal will see Holden’s Shore Road site and operations taken over by the Glenfarg-based industry leaders. Binn Group will continue trading from the Perth yard guaranteeing the jobs of all 10 employees.
Holden’s have operated from the Perth site for over 70 years, developing the original scrap business into a skip hire, waste management and recycling company.
A spokesperson for Holden Environmental’s Managing Director Robert Holden said “after careful consideration, it was determined that the long-term success of the business was best secured by selling to the Binn Group, who have undertaken to continue the first-class service that our loyal customers have come to expect over the years.
“We have worked closely with Binn’s senior management team to ensure a smooth handover of operations for our employees, customers and suppliers. We wish them well in their new venture.”
Binn Group Chief Executive Allan MacGregor said the deal represented an exciting phase in the company’s growth plans and would meet their aspirations for a high-profile Perth satellite base.
Assurances were given that all Holden employees would be absorbed into the Binn Group workforce, with operations continuing and developing at the Shore Road site’.
“Binn Group has a long-term plan to expand into urban satellite sites in key locations throughout Scotland,” said Mr MacGregor. “Buying over Holden’s well-established business within Perth fulfills the first phase of that ambition.
Established over 20 years ago by father and son John and Allan MacGregor as a land diversification project on their estate at Binn Farm, Glenfarg, Binn Group quickly became a leading name for all waste management needs for domestic and trade clients.
Rapid growth has seen the company expand and evolve beyond the original landfill site provision and skip hire business to create Scotland’s largest and most diverse independent waste management operation, employing over 100 people.