Restore acquires Reisswolf Wales

Restore announces the acquisition of the business and certain assets of Reisswolf Wales, Border Counties & Merseyside (Reisswolf Wales), the secure shredding division of Parry & Evans Ltd, a fibre-based waste recycling business based in Welshpool, Wales.

Reisswolf Wales was founded in 2002. For the 12 months ending 31 May 2016, it generated revenues of £0.5m. The acquisition was funded from Restore's existing bank facilities.