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Positive future for BatteryBack

Schofield Sweeney's Chris Blantern acted on behalf of WasteCare Group this week on the purchase of Veolia’s shareholding in BatteryBack Plc, making BatteryBack a wholly owned subsidiary of the Group.

 “We are delighted to announce this news. WasteCare is already the largest collector of portable batteries in the UK; combining this with the UK’s largest Battery Producer Compliance Scheme, we are best placed to benefit from economies of scale and provide the lowest sustainable obligation costs. Currently, obligation costs in the UK are a fraction of those in the rest of Europe. It is our intention to keep it this way”, commented Peter Hunt Chairman of the WasteCare Group. “

To ensure the UK fulfils its recycling obligations for portable battery recycling in the coming years we plan to treble the number of recycling points to over 100,000, focusing on schools, public buildings and the work environment. We also plan to build the UK’s first battery recovery plant capable of processing the country’s entire alkaline and lithium battery output.

BatteryBack was established as the first producer compliance scheme in 2009 in the
vanguard of the Battery Recycling Regulations. Responsible for collecting and recycling
over 60% of all the portable batteries recycled in the UK, BatteryBack is committed to
meeting the European collection and recycling targets whilst keeping costs to producers
and therefore consumers as low as possible.

 

About the Author

Chris Blantern

Partner

Chris has a wealth of experience acting for a wide range of clients from small to medium sized enterprises…

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