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Augean acquires Future Industrial Services

We are pleased to announce that we have completed the acquisition of Future Industrial Services Limited (FIS).

Augean specialises in managing hard to handle wastes. Augean has UK waste treatment and disposal infrastructure, focussing on delivering best environmental outcomes, servicing the Energy from Waste and Biomass, Construction, Nuclear and Radioactive, Processing and Manufacturing, and the Oil and Gas sectors,

FIS is a leading provider of hazardous waste management to blue-chip clients, including government entities, local authorities and national / multi-national organisations.

The acquisition of FIS has many elements that are highly complementary to Augean’s operations. Both organisations bring a wealth of expertise in personnel, excellent assets, permits and provide a wide range of specialist services. Both companies are passionate about their people, health, safety and environmental compliance, and in providing excellent customer service.

“We are excited by this significant acquisition, and the further opportunities that it presents to enhance and expand our range of services. Both Augean and FIS have a wealth of expertise, high standards of operation and strong reputations for excellent customer service. Most importantly, we are pleased that FIS completely shares our strong commitment to health, safety, and environmental compliance, which are a cornerstone of our business. With these same objectives and values, we wholeheartedly welcome all our FIS colleagues into the Augean Group. I would like to thank our shareholders Ancala Partners and Fiera Infrastructure for their ongoing support and investment in the Augean Group.”

"Over the last five years FIS has been on an incredible growth journey with its own acquisition of three companies. I am incredibly proud of the FIS team and their clear focus on making us a better business for our customers, investors, employees, and the environment. It is important that the company we have built up together continues to flourish and grow. That ambition has culminated in becoming part of the Augean Group today.”

Benefitting our customers and supply chains, the combined business will offer a more diverse range of recycling, recovery, treatment and disposal services for hard to handle wastes, with access to a larger geographical footprint of permitted infrastructure – the Augean Group now has 23 sites throughout England, Wales and Scotland – as we continue to deliver the best environmental outcomes for our customers’ wastes.

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