New Delhi, Dec 4 (Bureau) Blue Planet Environmental Solutions (Blue Planet), a global player in sustainable waste management and circular economy solutions, on Wednesday announced acquisition of Smart Environmental Group Limited (Smart), among the top 3 players in New Zealand’s waste management sector. This acquisition strengthens Blue Planet’s position in the Asia-Pacific region and demonstrates its commitment to driving innovative, sustainable practices in waste management, the company said in a release. 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 player 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.
“This partnership marks an exciting milestone for Blue Planet as we expand our footprint into New Zealand,” said Prashant Singh, CEO of Blue Planet. “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, expressed his enthusiasm for the collaboration. “We are thrilled to join forces with Blue Planet, a company that shares our passion for sustainability and innovation. 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.”
The acquisition comes at a time as New Zealand implements progressive regulatory changes to reduce landfill use and increase recycling rates. Blue Planet and Smart are committed to working together to deliver impactful waste management solutions that address these challenges and support local communities, the company added. Blue Planet is a Singapore headquartered company pioneering regional sustainability through technology-driven and IP-based end-to-end solutions for waste management and upcycling. The company has successfully created an end-to-end waste management solutions platform.