N+P Group B.V. has acquired the Crayford MRF in South-East London from Viridor.
N+P Group have invested over £75m in the UK in 2021, and plan to invest the same amount in 2022 to expand their strategic footprint in the UK. This is part of the company’s overall £200m investment between 2021-2022.
Crayford MRF is one of the largest and most efficient MRFs in the UK, employing up to 260 people. It processes a large part of the Dry Mixed Recyclables from Greater London, the South, and South-East of UK.
This is the third site N+P has acquired since entering a strategic partnership with Mercuria Energy Trading in April 2021, which has their continual investment into the business. Employee headcount has grown fourfold in this period.
Stijn Jennissen, Chief Commercial Officer, N+P, said, “N+P’s rationale for acquiring the London location is driven by the company’s desire to expand production in locations throughout the UK and diversify its activities. Ultimately, having both an alternative fuel production location as well as a MRF operation at the same location optimises the complete value chain for waste. N+P believes the non-recyclable waste fraction can play a significant role in the transition to cleaner future proof energy sources.”
