International sustainability consultancy, Anthesis Group, has acquired recycling, resource efficiency and supply chain consulting firm LRS Consultancy Ltd.
According to the company, the acquisition means it can now provide an end to end sustainability service to clients, with the introduction of waste treatment, recycling and resource management skills from the LRS team.
LRS specialises in materials resource efficiency and the development of the circular materials economy, with the aim of future-proofing production and consumption.
The firm has a broad range of clients from across the supply chain, including Tesco, Coca-Cola Enterprises, Nestlé, Akzo Nobel, Unilever, Costa, CIPS, Veolia, Viridor and SITA, as well as local and national government organisations.
Anthesis itself recently developed the Tesco Suppliers Network, and the two companies believe there is a natural synergy in terms of client base and skills.
“LRS is a great fit for the Anthesis Group,” commented Stuart McLachlan (pictured), CEO of Anthesis Group.” Collectively, our businesses have over 20 years of experience and we are excellently placed to meet the changing needs of our clients as they embrace the opportunities of the circular economy by delivering end to end sustainability solutions.”
Anthesis Group said that it has experienced rapid growth since its inception 18 months ago through six acquisitions and now has 130 people across Europe, U.S., Asia and the Middle East.
In that time it has acquired sustainability consultancies Best Foot Forward, UMR, Caleb, SecondNature, M4C and now LRS. Anthesis said it has realised 50% of its growth from acquisitions and 50% from organic growth.
The company added that it aims to fill a gap in the market by combining high-end strategy consultancy with the more personal approach of small, boutique sustainability firms.
“We have watched the emergence of Anthesis with great interest.” Commented Dee Moloney, previously managing director of LRS and newly appointed director at Anthesis LRS. “The changing market dynamics and needs of clients cannot be ignored.”
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