Sanlam Investments Private Equity team acquired a controlling stake in SkipWaste

Earlier this year, Sanlam Investments Private Equity team acquired a controlling stake in SkipWaste, a leading provider of integrated waste management solutions to commercial, industrial and retail clients. SkipWaste is a company that is deeply sustainability-led, and is an innovator in the waste management industry. It offers environmentally conscious waste management solutions to its clients, by diverting waste from landfill disposal towards recovery, recycling and alternative waste disposal to leave a carbon-neutral footprint.

It offers “greener” waste management solutions through recycling and waste conversion.

SkipWaste operations span onsite waste management, primary storage, waste logistics, recycling and recovery, as well as alternative disposal and conversion. SkipWaste has access to waste-at-source and redirects more waste towards alternative forms of disposal.

It is estimated that South Africa generates approximately 108 million tonnes of total waste annually, 90% of which still goes to landfills. SkipWaste is set to become the largest majority black-owned integrated waste management solutions provider and a preferred waste partner for clients looking for greener waste solutions.”

“SkipWaste is labour-intensive and is set to offer major job creation opportunities in its growth plan – this aligns strongly with our impact objectives around job preservation and growth” (SDG 8).

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