News
OSS (Hydrodec UK) buys Eco-Oil business
Together with Hydrodec UK’s existing OSS business this new operation will provide an excellent platform for growth whilst consolidating Hydrodec’s position as the UK’s leading service provider in used oil collection, products and associated waste services.
Both OSS and Eco-Oil collect and recycle waste oil and workshop hazardous waste together with fuel oil sales. Under the new arrangement both companies will in the short term continue to service existing customers as now and will trade under the existing business names. When and if appropriate changes will be made to achieve maximum synergy from the acquisition.
According to Hydrodec: “It’s important for our combined customer base to know that the service delivery will remain at its current high standard. It really is business as usual with customers being unaffected. The merging of the two businesses will give us a much broader operating base to eventually allow us to improve and enlarge the service we offer.”
The acquisition of the Eco-Oil business further secures the supply chain for used oil collection in the UK and underpins Hydrodec’s plans to invest in a base oil re-refinery. The combined entity will offer significant opportunities to improve the efficiency of the business model as well as improve a market leading total waste solutions for both existing and new customers in the automotive and industrial sectors.
www.ossgroup.uk.com
www.hydrodec.com
www.eco-oil.eu.com