The Business Desk reports that Biffa has acquired Company Shop Limited (CSG) in an £82.5 million deal.
CSG prevents waste by identifying surplus produce and then collecting, processing and redistributing it for sale through its network of membership-based outlets.
Surplus produce includes production overruns, trial products, or items that have been incorrectly labelled or packaged, which without intervention would be destined to become waste.
Michael Topham, chief executive of Biffa, said: “The acquisition of Company Shop Group strengthens Biffa’s leadership position in the UK circular economy.
“As the only commercial redistributor of scale in the UK, Company Shop Group is the market-leader in a growing sector, with a strong, credible growth plan which we will deliver together.”
