Cube Infrastructure Managers and Equitix Investment Management have successfully acquired a majority stake in RiverRidge Holdings Limited, a leading waste management and energy recovery company in Northern Ireland.

Information on the Target

RiverRidge Holdings Limited is a prominent waste management and energy recovery company located in Northern Ireland. It plays a crucial role in providing waste treatment and disposal services, catering to seven out of eleven local authorities and servicing over 5,500 commercial clients. The company is also involved in the energy-from-waste sector, holding a minority stake in the only operational plant in Northern Ireland.

With ambitious goals to ascend the waste hierarchy, RiverRidge has a portfolio of development opportunities aimed at enhancing treatment options within the Northern Irish waste management market. The company employs approximately 280 industry professionals, offering stable employment and promising career prospects in its operational regions. In 2022, RiverRidge managed to treat over 400,000 tonnes of co-mingled waste, generating revenues of £60 million.

Industry Overview in Northern Ireland

The waste management industry in Northern Ireland is rapidly evolving, driven by the need for sustainable practices and compliance with environmental regulations. The regional government has implemented various policies aimed at