The business was acquired for an undisclosed sum and will add approximately £5 million to NWH Group’s annual turnover.

The deal also brings 14 employees across to the business, taking our workforce in the UK to 354, as well as the 4.87-acre Cowen Road waste recycling site.

Mark Williams, CEO at NWH Group, said: “These are exciting times for our business as we successfully deliver on our strategy for growth through geographical expansion and we are delighted to announce our acquisition of this 45-year-old family business. Building on the foundations laid by J&J Stanley Recycling, we will be able to better service our existing customers in the area and expand our trade waste business across the north east of England.”

The Cowen Road facility is already equipped with a picking line, sorting station, baler and scrap metal processing equipment. We plan a further investment to renew a some of this equipment with the latest technologies to ensure recycling can be maximised.

Having first expanded into Newcastle during the latter part of 2018, NWH Group has quickly outgrown its existing premises due to demand for our services and require more space to expand its operations and cater for the wider north east.

J&J Stanley Recycling will be re-branded as The NWH Group and we will be looking to identify further growth opportunities for the Blaydon site. In turn, we will create a number of new job opportunities in the area.

The deal, secured through a pre-pack transaction, was led by a team from specialist business advisory firm FRP Advisory.