CIRQLR agrees £40m NatWest facilities for acquisitions and growth. Business recycling group CIRQLR has secured £40 million of three-year debt facilities from NatWest Group to fund growth and further acquisitions. The iCON Infrastructure-backed company serves commercial and industrial customers across the East and South of England.

CIRQLR was created through a three-year buy-and-build programme backed by iCON Infrastructure and operates as a regional business recycling group serving the industrial and commercial sectors. The new facilities can be extended on the same terms with NatWest. CIRQLR says this will support further M&A and corporate development over the next year or two.

David Palmer-Jones, CEO of CIRQLR, said the facilities would 'support all our investment plans, provide us with the springboard to further develop our offerings for customers and keep us agile'. He added that the group is positioning to take advantage of an expanding market driven by new regulatory opportunities for the circular economy.

Latest news