Ferrovial relaunched its sewage business in the UK as Thalia

Ferrovial relaunched its waste treatment business in the UK. After suspending its sales, the Spanish infrastructure group renamed its division Thalia Waste Management and appointed Francisco Hevia as general manager, who He has more than 20 years in the company. The subsidiary now falls under the perimeter Ferrovial Infraestructuras Energéticas y Movilidad, which was created in 2021 and is headed by Gonzalo Nieto as CEO.

Thalia Waste Management owns four waste treatment plants in England: North Yorkshire (Allerton), Milton Keynes, Cambridgeshire (Waterbeach) and Isle of Wight. The facility has a staff 557 workers and manages about one million tons per year.

It has four factories that manage one million tons of waste per year

The reorganization of the waste business in the UK took place within the framework of the divestment of the Ferrovial Services business and, more specifically, its UK subsidiary, Amey. The company led by Rafael del Pino and Ignacio Madridejos sold its Global Services subsidiary four years ago, in a process that was eventually divided into activities and regions. Final December 30 closed Amey’s transfer to UK companies controlled by funds managed by One Equity Partners and to Buckthorne Partners – having previously transferred certain projects from companies in United Kingdom to Urbaser, Civis and Rubicon-.

The waste processing business in England was eliminated from the transaction, the sale of which was discontinued by Ferrovial in early 2021. This is because one of the factories it owns is finish the construction and others increase availability. Given the growth prospects of this business and its commitment to a circular economy, the Spanish multinational company has no plans to divest for the time being, although in the medium or long term it is possible to continue operations.

Ferrovial spun off from its Environmental Services subsidiary in Spain and Portugal, focuses on collection activities, waste processing and recycling with Cespa as the main banner. Germany’s PreZero, which is owned by the Schwarz Group, paid 1.032 million.

In addition to Thalia, Ferrovial has decided during the Services divestment operation to retain several other businesses. Thus, Ferrovial Infraestructuras Energéticas y Movilidad includes Zity’s car sharing business and lighting activities, which were excluded from sales to Portobello from Infrastructure Services subsidiaries in Spain and Portugal -renamed Serveo and in between Ferrovial retains 24.99%-; as good a Chilean subsidiary for a mining project and whose sale was also discontinued. In addition, contracts for the A-2 motorways in Aragón, Aravia and M-30 (Emesa) in Spain were awarded to Cintra and for maintenance of roads in the United States and Canada to the Construction division (Webber).

Roderick Gilbert

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