Zoeller enters acquisition trail after merger
Redditch-based Zoeller Waste Systems has merged with refuse collection vehicle (RCV) manufacturer FAUN. The new company has also acquired OTTO Lifts, based in Coalville.
The merger comes as the business – now known as FAUN-Zoeller – announced that its support services division had secured a seven-year agreement with Kier Street Services worth just under £2m.
The business will be headquartered in Redditch. Terms of the deal were not disclosed.
Simon Hyde, chief executive officer of FAUN-Zoeller, said: "The new business brings together the knowledge and skills of three of the European RCV market's leading firms.
"We're now in an ideal position to strengthen our expanding service arm and increase our new RCV sales to private sector contractors operating in the growing outsource sector."
FAUN-Zoeller is part of the Kirchoff Group, which has manufacturing facilities across Germany, France, Poland, Hungary, Switzerland, Ireland and America.
