With an annual turnover of $1.5M and five full time employees, ACTQ Septic Services offers grease trap and portable toilet (septic) services across ACT from its Queanbeyan-based facility.
Danny Conlon, Veolia’s Executive General Manager - Eastern Region, stated, “The decision to purchase ACTQ falls in line with Veolia’s strategic plans to expand our liquid waste solution offering, ensuring we have the capability to meet future market demand, while complementing our existing portfolio of waste management services.”
The acquisition was also aligned to meet service requirements for existing customers, such as the Department of Defence. It now enables Veolia to bring previously outsourced services, such as portable toilet hire, in-house.
Mr. Conlon added, “We can now offer a broader range of waste and wastewater management services to our ACT and regional NSW customers. The biggest benefit lies in being able to scale our local operations, which will enable better utilisation and reduce disposal costs.”
ACTQ was established in 1994 by Greg McAllister, and the ownership had remained unchanged since this time. Veolia commenced Operations on Monday 6th November 2017.
The ACTQ purchase is the fourth waste services business acquisition completed by Veolia in 2017. Earlier this year, Veolia successfully completed acquisitions of Catalyst, Ellwaste and Clean It, bolstering its services and capability across WA, VIC, NSW and QLD, respectively.
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About Veolia Australia and New Zealand:
Veolia Australia and New Zealand (Veolia) is the region’s only environmental solutions organisation with specific capabilities across water and wastewater treatment, energy management, waste and resource recovery services, and industrial cleaning and facilities maintenance services. Veolia employs over 4000 employees and operates across more than 260 locations within the region.
About Veolia Global:
Veolia group is the global leader in optimised resource management. With over 163 000 employees worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.
In 2016, the Veolia group supplied 100 million people with drinking water and 61 million people with wastewater service, produced 54 million megawatt hours of energy and converted 30 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €24.39 billion in 2016.