| Type | Public (LSE: SKS) |
|---|---|
| Industry | Waste management |
| Founded | 1880 |
| Headquarters | Bourne End, UK |
| Key people | Adrian Auer, Chairman Tom Drury, CEO |
| Revenue | £683.5 million (2010)[1] |
| Operating income | £35.8 million (2010)[1] |
| Net income | £37.6 million (2010)[1] |
| Employees | 4,239 (2010)[1] |
| Website | www.shanks.co.uk |
Shanks Group plc (LSE: SKS) is a leading European waste management company operating in the UK, Belgium, Canada and the Netherlands. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
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The Company was founded by Guy Shanks and Andrew McEwan in 1880 as a construction company operating primarily in the West of Scotland under the name of Shanks & McEwan.[2] In 1988 the Company acquired London Brick Landfill[3] and with it an enormous landfill capacity north of London. The Company was first listed on the London Stock Exchange in 1988.[2]
In the mid-1990s the Company sold its remaining construction interests to concentrate solely on waste management.[2] In 1998 the Company went on to buy four waste management companies in Belgium.[4] It changed its name to Shanks Group in 1999.[5]
In March 2000 the Company bought Waste Management Nederland B.V. in the Netherlands.[6]
In July 2004 the Company sold its UK landfill and landfill gas power assets to Terra Firma.[7]
In 2006 the Company went on to buy Smink Beheer B.V. in the Netherlands for €62m.[8]
The Company's current operations are concentrated within the following three countries:[9]
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