Two Small Businesses Acquired

Shanks Group PLC 16 February 2000 Further Steps Along Acquisition Trail for Shanks Waste management company, Shanks Group plc, has added two more small businesses to its UK operations. Glasgow-based specialist contaminated land remediation company Bio-Logic Remediation Limited and ASM Waste Services Limited, based in Aylesbury, Bucks, have been bought up by Shanks in separate agreements worth an aggregate total of circa £10 million. Bio-Logic, although having a specialist staff of only 12, is the UK market leader in bio-remediation of contaminated land, having pioneered the use of microbes in the treatment of organic pollutants such as tars and oils. The purchase of ASM Waste Services, which employs 65, also includes a fleet of 40 dry-waste collection vehicles together with a waste transfer station and recycling facility. Group Chief Executive Michael Averill said: 'Bio-Logic will enhance considerably the already strong presence Shanks enjoys in the contaminated land remediation sector, whilst ASM fits so naturally with existing waste collection activities in the northern Home Counties.' For further information contact: John Shaughnessy, Group Head of External Relations, Telephone 01628-524523 Shanks Group plc Astor House Station Road, Bourne End Buckinghamshire SL8 5YP Telephone 01628 524523 Fax 01628 819059

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