Italian multiutility, Hera Group, has extended the scope of its activities in Tuscany with the acquisition of the Serravalle Pistoiese landfill and the associated liquid waste treatment plant.
The deal saw Herambiente, a Hera Group company focused on waste treatment, acquire Pistoia Ambiente, which manages the Serravalle Pistoiese landfill and its liquid waste treatment plant.
The transaction, which the company said follows others brought to a conclusion in previous years including Waste Recycling and Teseco in Tuscany and Geo Nova and Aliplast in Treviso, is part of Herambiente’s path of growth in the sector of industrial waste treatment and environmental services for businesses.
More specifically, Herambiente said that it has further consolidated its own set of plants dedicated to companies, which is unique nationwide, having over 15 poly-functional sites active in treating industrial waste.
The Serravalle landfill and the liquid treatment plant will mainly treat waste coming from industrial contexts, which Hera explained guarantees new opportunities for marketing and technical synergies with other the plants and services managed by the Group.
The strategic priority pursued by Herambiente, which owns around 90 certified plants, is to provide companies with waste treatment solutions that follow the principles of a circular economy.
The company noted that technology currently used in rounding off the circle of waste treatment still requires final waste disposal sites such as landfills, able to safely deal with non-recoverable waste coming from treatment plants. Hera said that the acquisition of Pistoia Ambiente is therefore in line with this strategic orientation.
“With this acquisition, we are continuing to pursue an important strategic development in the industrial waste sector,” said Tomaso Tommasi di Vignano, Chairman of the Hera Group’s Board of Directors.
“We have completed the waste management chain, which begins with recovery of waste from businesses and comes to a close with the actual disposal of the portion that cannot be recovered. We thus guarantee service continuity and competitiveness to companies that would otherwise be forced to find final solutions abroad or in other regions of Italy, with a significant increase in logistical costs for the industrial sector,” he concluded.
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