Paula and Simon Herbert buy into WasteCo

Simon and Paula Herbert have bought into waste management firm WasteCo. (Image: File)

Fri, 22 Nov 2024

Marina, data centre and dredging investors Simon and Paula Herbert have bought into NZX-listed waste management firm WasteCo in a deal the company says will allow it to buy another business.The Herberts’ Empire Waste Technology bought a $15 million stake in WasteCo to help fund it to buy Civic Waste, a North Island-based business.“We are delighted to support WasteCo in this exciting acquisition,” Simon Herbert said today.The New Zealand waste industry presented a counter-cyclical investment opportunity, he said.“We belie...

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