Blue Planet acquires Smart Environmental Group to strengthen its operations in New Zealand
The company held that it has expanded its global leadership in sustainable waste management with the acquisition Smart Environmental Group Limited.
Singapore headquartered sustainable waste management provider Blue Planet Environmental Solutions Pte. Ltd. has acquired Smart Environmental Group Limited (Smart) recently. Smart Environmental Group is amongst the top 3 players in New Zealand’s waste management sector.
The acquisition comes at a pivotal moment, as New Zealand implements progressive regulatory changes to reduce landfill use and increase recycling rates. This acquisition strengthens Blue Planet’s position in the Asia-Pacific region and demonstrates its commitment to driving innovative, sustainable practices in waste management.
Founded in 2017, Blue Planet has rapidly established itself as a pioneer in advanced waste management solutions across Singapore, Malaysia, India, and the United Kingdom. Smart is a prominent market leader in New Zealand, serving municipal, commercial, and consumer segments. With operations spanning across these critical areas, Smart Environmental collects over 300,000 tons of waste annually for consolidation, processing, and resource recovery, making it a vital partner in the country’s waste management ecosystem.
Prashant Singh, CEO, Blue Planet, held, “Smart’s strong market presence and commitment to sustainability align perfectly with our vision of creating a circular economy. Together, we will drive forward innovative solutions that benefit communities, businesses, and the environment.”
Todd McLeay, CEO of Smart, stated, “This partnership will enable us to scale our operations and deliver even greater value to our stakeholders while supporting New Zealand’s transition to a more sustainable future. I am particularly excited about having access to proven solutions that Blue Planet has successfully deployed in other markets, including diversion, landfill remediation, and organics processing. These solutions will greatly enhance our ability to achieve sustainable outcomes for our clients and communities.”
Simon Moutter, Chairman of Smart, shared his vision for the future. “This marks an exciting new chapter for Smart. As Chairman of the Board, I look forward to working with Blue Planet to drive strategic initiatives and acquisitions that will strengthen our market position and expand our impact.”
In its other stints, Blue Planet has recently acquired UK based Recycle Force Limited (RFL), India’s Mahindra Waste To Energy (MWTESL) and Vac-Tech Engineering with an objective of achieving a significant milestone in its commitment to circular economy.
