Europe – Recycling major Renewi has put its 100th freshly-branded collection truck on the road in the Netherlands, marking ‘a significant milestone’ in the company’s rebranding programme following the merger of Shanks and Van Gansewinkel earlier in the year.
Integration of the companies is progressing ‘very well’ and will deliver target annualised cost synergies of Euro 40 million in the 2019/20 financial year, with Euro 12 million to be delivered in the current year. Building the new Renewi brand is an important part of the company’s integration plans.
Renewi has a fleet of over 2500 vehicles in the Benelux region and these will all be rebranded or replaced in the coming years in line with the company’s capital replacement programme.
As part of the integration, Renewi is also rolling out an upgraded and more efficient truck fleet. ‘It is exciting to see our Renewi brand coming to life with the first 100 trucks now rebranded,’ comments the company’s ceo Peter Dilnot. ‘Our Renewi brand represents our waste-to-product business model and our role at the centre of the circular economy.’