WasteCo raising capital from wholesale investors

(Image: WasteCo)

Mon, 12 Jun 2023

New Zealand stock exchange-listed waste management company, WasteCo, is undertaking a share placement to selected NZ wholesale investors to raise capital.When the South Island-headquartered company listed via a reverse takeover on the NZX last year, it signalled it would be using the listing as a way to access capital to fund growth and acquisitions.Since joining the main board in December, it has acquired two businesses, Central Suction Cleaners, which is based in Nelson, and more recently, Cleanways.As part of the Cleanways deal, it bought Wa...

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