Quercus International is pleased to announce that a team, led by Mark Whelan and Jim Clark, has advised McCarthy Marland Limited (“McCarthy Marland”) on the sale of its Oxfordshire operations to family-owned Smiths (Gloucester) Limited (“Smiths”). The transaction included McCarthy Marland’s waste transfer station in Wantage and its associated collection operations.

McCarthy Marland is a leading independent waste management and recycling business in the South West. Smiths, as a family-owned business, is one of the largest construction and waste management companies across Bristol, Gloucestershire, Wales and Oxfordshire.

Alex Marland, Director of McCarthy Marland, said: “We are delighted to have found such a strong new home for our Oxfordshire operations in Smiths, a well-established family business with an excellent reputation in the industry. The sale allows us to focus on our core markets which are serviced by our Bristol, Tetbury (Gloucestershire) and Somerton (Somerset) locations, where we see significant opportunities for continued growth. We would particularly like to thank our Wantage team for their dedication and hard work over the years, as well as our customers for their loyalty and continued support. We are confident that both will be in excellent hands with Smiths and wish everyone involved every success for the future.”

Paul Smith, Director of Smiths, added: "This acquisition represents an exciting step forward for our business and strengthens our presence in Oxfordshire and the surrounding areas. We are delighted to welcome the employees and customers to Smiths and look forward to building on the strong reputation and relationships that have been established. Together, we are well positioned to continue delivering high-quality, sustainable waste management solutions for our customers.”

Mark Whelan, Quercus International, commented: “It was great to have helped the McCarthy Marland team with their strategic plan to focus on their core markets. As the waste sector continues to evolve, we are likely to see more of these regional consolidation opportunities.”

The Circular Economy is a core sector for Quercus International. Its deep sector knowledge and extensive industry network is reflected in its recent completions and ongoing transaction pipeline.