Add-on Acquisition • Environmental

Averda Acquires New Wave Cleaning Services WLL

On January 6, 2010, Averda acquired environmental company New Wave Cleaning Services WLL

Acquisition Context
  • This is Averda’s 1st transaction in the Environmental sector.
  • This is Averda’s 1st transaction in Qatar.

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M&A Deal Summary

Date January 6, 2010
Target New Wave Cleaning Services WLL
Sector Environmental
Buyer(s) Averda
Deal Type Add-on Acquisition

Target Company

New Wave Cleaning Services WLL

Doha, Qatar
New Wave Cleaning Services WLL is a provider of reliable, high-quality professional waste management services.
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Buyer Overview 1

Buyer

Averda

Dubai, United Arab Emirates

Category Company
Sector Environmental
Employees7,500
DESCRIPTION

Averda is an environmental solutions provider in the MENA region, specialising in integrated resources management. averda is at the forefront of innovation in the regional market, providing sustainable solutions and more than 35 years of experience in the effective management of waste for both private and public sector clients. Averda is based in Dubai, United Arab Emirates.


Deal Context for Buyer #
Overall 1 of 3
Sector: Environmental 1 of 3
Type: Add-on Acquisition 1 of 3
Country: Qatar 1 of 1
Year: 2010 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 City Bin

Galway, Ireland

City Bin is a waste collection company engaged in providing waste management and recycling services. City Bin was founded in 1997 and is based in Galway, Ireland.

Buy $20M