Ashcourt Group has successfully finalised the acquisition of John Wade Group, a prominent player in the waste recycling industry, with its headquarters at Aycliffe Quarry in Newton Aycliffe.
Ashcourt says the ‘strategic purchase’ opens up new service areas and expands its geographical operational reach.
The acquisition represents another milestone in its journey to enhance its portfolio and establish a more comprehensive presence in the industry.
Operating from Aycliffe Quarry, located next to the A1, John Wade Group has built a reputation as a reliable waste recycling specialist since 1965. Their dedicated waste recycling facilities have allowed them to efficiently process and manage large volumes of waste materials, contributing significantly to environmental sustainability.
Ashcourt says its own commitment to sustainable practices remains at the forefront of operations.
A spokesperson said: “By acquiring John Wade Group, the Ashcourt Group gains access to a well-established and highly capable team of professionals, as well as an established recycling infrastructure.
“This acquisition not only bolsters our existing capabilities but also provides us with a stronger foothold in the waste recycling sector. With an expanded range of services and an extended geographical presence, we are well-positioned to meet the growing demands of our current diverse clientele.
“By leveraging the expertise and resources of the John Wade Group, Ashcourt Group aims to continue to offer innovative waste management solutions, as well as introducing some of our existing services to the area.”
Emily Summerson, Group Operations Director at the Ashcourt Group, added: “We are thrilled to have completed the acquisition of John Wade Group. Their outstanding reputation and robust waste recycling facilities align perfectly with our long-term growth objectives.”
The Ashcourt Group is a family-run organisation which has expanded significantly since its beginnings in 1996 and now has over 500 employees.
With sites spread through Yorkshire and the North East and a large fleet of vehicles, it also has a range of contracting and logistics services including fuels, plant hire, haulage, construction, demolition, civil engineering and highways.