WasteCo signs $7m deal to buy Cleanways

The deal includes Cleanways and its related companies Enviro South and Wastech Services. (Image: Cleanways)

Thu, 18 May 2023

WasteCo Group has entered into a $7.3 million deal to purchase southern waste business Cleanways and its related companies Enviro South and Wastech Services.As part of the deal, made through its subsidiary WasteCo NZ, the New Zealand stock exchange-listed waste management company will issue 31.8m shares, worth $2.2m, to Cleanways shareholders and the balance will be made up with $5.1m paid in cash.Cleanways and Enviro South are based in Invercargill and specialise in bulk liquid waste across Southland.Wastech Services is based in Cromwell and s...

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