Blue Planet Environmental Solutions Pte. Ltd. (‘Blue Planet’) has announced the acquisition of Disaster Restoration Pte. Ltd. (‘DRS’) Singapore’s provider of disaster recovery and restoration services.
The investment, made through DRS’s parent company, Big Red Pte. Ltd., is Blue Planet’s second acquisition in Singapore this year and comes closely after the acquisition of waste management company Wah & Hua Pte. Ltd. last month.
“The two investments are a key part of Blue Planet’s strategic vision of bringing together market leaders in the waste management sector to create a more sustainable and integrated waste management ecosystem in the growing Asia Pacific region,” a statement made by the company said.
“Since its inception in 2008, DRS has successfully completed the recovery of hundreds of disasters each year, ranging from small scale residential fires or floods to large scale industrial accidents and chemical spills, it added.
Bradley Chew, Director, Blue Planet commented, “With this acquisition, Blue Planet now has the ability to handle waste in highly specialised areas. This aligns with Blue Planet’s vision of creating an integrated approach to waste, with a zero waste to landfill policy. We look forward to scaling up our business footprint in Singapore and in the region.”
Himanshu Bakhda, Director, DRS added, “This alliance now effectively enables DRS to synergistically tap into Blue Planet’s international footprint and expand its deployment of services to a much larger market.”
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