Renewi

Renewi plc is a leading European waste management company operating primarily in the Benelux region. It is listed on the London Stock Exchange and Euronext Amsterdam until it was acquired by a consortium of Macquarie European Infrastructure Fund 7 (managed by Macquarie Group) and BCI UK IRR (managed by British Columbia Investment Management Corporation) in June 2025.

Renewi plc

Company type	Public
Traded as	LSE: RWI Euronext: RWI
Industry	Waste management
Founded	1880
Headquarters	Dunedin House, Mount Farm, Auckland Park, Milton Keynes, MK1 1BU, UK
Key people	Ben Verwaayen (Group Chairman) Otto de Bont (CEO)
Revenue	€1,689.2 million (2024)[1]
Operating income	€105.5 million (2024)[1]
Net income	€(30.9) million (2024)[1]
Website	www.renewiplc.com

History

The Company was founded by Guy Shanks and Andrew McEwan in 1880 as a construction company operating primarily in the West of Scotland under the name of Shanks & McEwan.^[2] In 1988 the Company acquired London Brick Landfill^[3] and with it an enormous landfill capacity north of London. The Company was first listed on the London Stock Exchange in 1988.^[2]

In the mid-1990s, the Company sold its remaining construction interests to concentrate solely on waste management.^[2] In 1998 the Company went on to buy four waste management companies in Belgium.^[4] It changed its name to Shanks Group in 1999.^[5]

In March 2000, the Company bought Waste Management Nederland B.V. in the Netherlands.^[6]

In July 2004, the Company sold its UK landfill and landfill gas power assets to Terra Firma.^[7]

In 2006, the Company went on to buy Smink Beheer B.V. in the Netherlands for €62m.^[8]

In September 2016, the company reached an agreement to buy the Dutch recycling firm Van Gansewinkel Groep BV for €432 million^[9] as part of a merger that, upon completion on 28 February 2017, created to newly rebranded Renewi plc.^[10]

In 2019, as part of a strategy to focus the business on its core operations and regions, the company sold its Canadian operations to Convent Capital ^[11] and its Reym-branded industrial cleaning business to Remondis.^[12]

In February 2025, a consortium of Macquarie European Infrastructure Fund 7 (managed by Macquarie Group) and BCI UK IRR (managed by British Columbia Investment Management Corporation) made an offer worth £707 million to acquire the company.^[13][14][15] The court approved the proposal on 4 June 2025, so allowing the transaction to be completed.^[16]

Operations

The company's current operations are concentrated within the following three countries:^[17]

• UK: activities include long term local authority municipal solid waste (MSW) contracts, the anaerobic digestion of food waste, and the production of lower-carbon alternatives to fossil fuels.
• The Netherlands: activities include collections, sorting and processing, re-use and recycling, soil cleaning, composting, landfill, refuse-derived fuel production and industrial cleaning.
• Belgium: activities include collections, recycling, soil cleaning, refuse-derived fuel production, waste treatment and landfill in Flanders, Wallonia, and Brussels.