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Ancala Partners and Fiera Infrastructure Complete the Acquisition of Augean plc
Ancala Partners and Fiera Infrastructure Complete the Acquisition of Augean plc ...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n \n \n \n Ancala Partners and Fiera Infrastructure Complete the Acquisition of Augean plc\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n TORONTO\n \n and\n \n LONDON\n \n ,\n \n Oct. 21, 2021\n \n /CNW Telbec/ - Ancala Partners (\"Ancala\"), an experienced investor in mid-market infrastructure in Europe, and Fiera Infrastructure Inc. (\"Fiera Infrastructure\"), a leading global mid-market direct infrastructure investor and an affiliate of Fiera Capital Corporation (TSX: FSZ) (\"Fiera Capital\"), today announce the completion of the acquisition of Augean plc (\"Augean\" or the \"Company\"), for a total consideration of approximately £390 million.\n \n \n Augean is a highly regarded leader in the specialised waste management sector, with strategically located facilities and broad customer relationships. The business also has exposure to attractive end markets and further growth opportunities, such as the growing need for responsible waste management. It plays a crucial role in the transition towards a more sustainable and circular economy by mitigating the environmental and social impacts of waste. They plan to create value by providing the company with the necessary financial, technical and strategic support to thrive as a private business.\n \n \n Ancala and Fiera Infrastructure are long-term investors in the waste management sector, with both having existing investments in the space. Ancala's experience in the sector includes Biogen, the largest owner and operator of anaerobic digestion plants in the UK as well as Ence Energia,\n \n Spain's\n \n leading biomass renewable energy platform. Fiera Infrastructure has an existing platform and extensive experience in the UK waste management sector, including its investment in Cory Group, one of the UK's leading waste management, recycling, and energy recovery companies.\n \n \n Both investors look forward to working with the Augean ...