US firm Impact Environmental Group (IEG) has acquired UKCM, a container repair and refurbishment company based in Cheshire. The acquisition makes UKCM the third major waste products and services business to join IEG alongside Taylor and DuraFlex.
Emma Elston MBE and Julian Elston launched UKCM in 1998. They have grown the business over 25 years and refurbished almost two million containers, saving customers £271m through their refurbishment programme.
IEG’s decision to acquire UKCM supports its ambitious growth plans, which centre on building a comprehensive waste solutions business in the UK through ‘best of British’ brands focussed on sustainability.
Emma comments on UKCM’s new chapter under IEG: “Over the past 25 years, Julian and I have been approached many times by businesses looking to buy UKCM, but we’ve always declined due to wanting to find the right fit. We truly feel we have found this with IEG, given its vision for growth and ability to draw on its wider brand portfolio to add value to UKCM’s products and customer base. It’s also an organisation that will not only provide massive opportunities for UKCM but also for each one of the team members that has made the business what it is today.”
The acquisition will see all of its employees remain in place and production continue from its Winsford plant. Emma and Julian will transition leadership and their current roles as CEO and Managing Director to the current senior management team supported by IEG’s EMEA President, Brendan Murphy.
Brendan Murphy adds: “There’s no doubt that UKCM is a much-loved and widely respected brand which, under Emma and Julian’s leadership, has become an integral part of the UK’s waste industry landscape. Our job now is to continue to build on the brand’s success, harness the opportunities that being part of large multinational affords and ensure that UKCM’s existing and future customers benefit from the value that IEG can add.”
Picture: UKCM’s Cheshire site, which is now owned by US firm Impact Environmental Group