Veolia Australia and New Zealand has acquired ACTQ Septic Services, building on its liquid waste services offering in the Australian Capital Territory.
With an annual turnover of $1.5 million and five full-time employees, ACTQ Septic Services offers grease trap and portable toilet (septic) services across ACT from its Queanbeyan-based facility.
Danny Conlon, Veolia’s Executive General Manager – Eastern Region, said the decision to purchase ACTQ falls in line with Veolia’s strategic plans to expand its liquid waste solution offering. He said it ensures the company has the capability to meet future market demand, while complementing its existing portfolio of waste management services.
The acquisition was also aligned to meet service requirements for Veolia’s existing customers, such as the Department of Defence. It now enables Veolia to bring previously outsourced services, such as portable toilet hire, in-house.
“We can now offer a broader range of waste and wastewater management services to our ACT and regional NSW customers. The biggest benefit lies in being able to scale our local operations, which will enable better utilisation and reduce disposal costs,” Mr. Conlon added.
ACTQ was established in 1994 by Greg McAllister, and the ownership had remained unchanged since this time.
The ACTQ purchase is the fourth waste services business acquisition completed by Veolia in 2017. Earlier this year, Veolia successfully completed acquisitions of Catalyst, Ellwaste and Clean It, bolstering its services and capability across WA, VIC, NSW and QLD, respectively.