Recycling specialist 2B Services Innovations acquires BM Environnement

Supported by Capital Export since July 2019, infrastructure waste recycling specialist 2B Services Innovations is pursuing its development strategy with the acquisition of BM Environnement. BM Environnement specializes in the collection, deconditioning and recovery of biowaste using methanization technology. This external growth operation enables the 2B Services Innovations group to broaden its scope of operations, customer base and development potential.
Category
Investment
Published on
28/1/2021
Reading time
5
 min.
Recycling specialist 2B Services Innovations acquires BM Environnement

Author

Charles-Antoine Eliard

Charles-Antoine Eliard

Associate

Based in the Auvergne Rhône-Alpes region, BM Environnement was founded in 2008 by Serge Ponton and Bernard Mondon. The company offers a complete biowaste treatment service (food and plant waste) to local authorities, agri-food manufacturers and private individuals. The company, with sales of nearly €6 million, has enjoyed sustained growth (over 20% since 2017), driven by developments in the methanization market.

This segment of the recycling market is experiencing strong growth, driven by the regulatory framework. Since 2016, producers of more than 10 tonnes of bio-waste have been obliged to sort it at source. The outlook is also favorable insofar as this constraint will be extended in 2023 to businesses that generate more than 5 tons of bio-waste per year, and in 2025 to private individuals, as provided for in the law on energy transition.

Serge Ponton, current CEO, will join the 2B Services Innovations management committee, alongside Richard Molina (Chairman and Founder) and Jérôme Chalençon (Managing Director). Richard Molina is delighted: "This is a major step forward for our group, as we aim to become a leading player in the highly specialized recycling business, which represents the future of this market. Thanks to the support and common vision we share with our shareholders, in particular Capital Export, we are pursuing our ambitious development strategy, with the aim of achieving sales of nearly €35 million within 5 years.

Based in the Ardèche region of France, 2B Services Innovations has specialized in the recycling and recovery of concrete poles from electricity, telecom and rail networks since 1993. Its customers include SNCF, Orange and EDF.

By joining forces with 2B Services Innovations, BM Environnement will have the support it needs to expand its presence in France before conquering international markets. The new entity is expected to generate consolidated sales in excess of €20 million.

Clairfield International acted as exclusive advisor to the shareholders of 2B Services Innovations.

Charles-Antoine Eliard
Associate
Jean-Mathieu Sahy
Founding partner

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