Augean is a key facilitator of the circular economy, providing sustainable waste management solutions for highly complex and specialist wastes.

It owns and operates sites across the UK at locations from Avonmouth to Shetland and provides a wide range of services through its treatment, transfer, industrial services, disposal, recovery and recycling capabilities.

Its portfolio of sites and capabilities allow Augean to provide a unique range of services. These are highly regulated and have high barriers to entry. The business benefits from long-term, inflation-linked contracts.

A complex public-to-private transaction

Ancala invested in Augean in 2021, in a public-to-private transaction. We identified the opportunity through our insights, experience and network in the UK waste sector. Ancala secured the investment through demonstrating our ability to deliver complex pubic-to-private transactions and to help the existing management team further develop the business.

Delivering organic and acquisitive expansion

Since our investment, we have worked closely with the management team to help Augean thrive as a private business while enhancing its existing services. We supported the business to acquire Future Industrial Services, a leading provider of specialist waste management to blue-chip clients, including government entities and local authorities. The acquisition increased Augean’s range of services and its footprint of sites across the UK.

Planning approval for the expansion of its Kingscliffe site was approved by the Secretary of State in 2023 and civil works have commenced on site. This will significantly improve the capacity at the site. Ancala has also helped the business to invest in developing new treatment options to better meet customer needs and secure several new customers on long-term, inflation-linked contracts.


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