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| Type | Public (LSE: SKS) |
|---|---|
| Founded | 1880 |
| Headquarters | Bourne End, UK |
| Key people | Adrian Auer, Chairman Tom Drury, CEO |
| Industry | Waste management |
| Revenue | £563.7 million (2008) |
| Operating income | £55.3 million (2008) |
| Net income | £28.3 million (2008) |
| Employees | 4,040 (2008) |
| Website | www.shanks.co.uk |
Shanks Group plc (LSE: SKS) is a leading European waste management company operating in the UK, Belgium 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.[1] In 1988 the Company acquired London Brick Landfill[2] and with it an enormous landfill capacity north of London. The Company was first listed on the London Stock Exchange in 1988.[1]
In the mid 1990's the Company sold its remaining construction interests to concentrate solely on waste management.[1] In 1998 the Company went on to buy four waste management companies in Belgium.[3] It changed its name to Shanks Group in 1999.[4]
In March 2000 the Company bought Waste Management Nederland B.V. in the Netherlands.[5]
In July 2004 the Company sold its UK landfill and landfill gas power assets to Terra Firma.[6]
In 2006 the Company went on to buy Smink Beheer B.V. in the Netherlands for €62m.[7]
The Company's current operations are concentrated within the following three countries:[8]
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