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US firm completes Biffa acquisition for £1.3 billion

US firm completes Biffa acquisition for £1.3 billion

The £1.3bn sale deal between Biffa and US investment firm Energy Capital Partners (ECP), initially agreed in September 2022 has this week been finalised. A new company, Bears Bidco, was set up by ECP to manage investment funds to seal the deal. A Biffa spokesman said: “The acquisition marks the beginning of an exciting new phase...