Waste giant acquires major contractor.
“The strategic integration of KDC will expand our onshore and offshore decommissioning, technical demolition and land remediation capabilities,” says Kevin Hurst, Chief Operating Officer for Industrial Customers at Veolia. “It will enable us to deliver more innovative solutions, and build the circular economy by realising the financial and environmental value of these materials.”
The acquisition of KDC is the latest in a string of high-profile buy-ins to the UK demolition business that has seen both DSM Group and Clarke Demolition Contractors (CDC) bought in recent months.
At the time of writing, Martin O’Donnell, KDC’s Director Responsible for Safety and Operations, was unavailable for comment, and there is no word as yet on the likely impact for KDC Contractors’ staff or on O’Donnell’s role in the newly-acquired business.