As a result of the move, the company will expand its liquid management capabilities and will gain access to the Surrey-based waste treatment and recycling facility.
The company’s outstanding net indebtedness has been reduced by around $1.7 billion.
The move expands ADDMAN’s polymer production capabilities, digital infrastructure, and operations.
The move builds on the company’s existing 35% shareholding in Vinidor’s energy division.
Together, the companies provide a broader portfolio of specialist waste management services and resource recovery solutions across Northern Ireland.
The move will enhance the company’s international presence and technological product offering.
The move reinforces the company’s position in the CDM sector in London and its surrounding areas.
The company has also announced the formation of the VSC Medical Molding platform.
The deal for the food and protective packaging solutions provider has an enterprise value of $10.3 billion.
EMCO is one of the largest independent chemical distributors in North America.
The expansion adds 47 injection moulding machines to the company’s facilities.
The move will enhance the company’s ability to provide industry-leading rigid packaging solutions.