It will be business as usual for Napier-based recycling company All Brite Industries Ltd after it entered a joint-venture agreement with Australian company Trans Pacific Industries Ltd this week.
The family-owned company has been collecting waste from Hawke's Bay kerbsides for 30 years.
Trans Pacific is a Brisbane-based that specialises in industiral
cleaning and waste management.
In June Trans Pacific Industries paid $870 million for control of Waste Management Ltd.
All Brite managing director Tim Combs said the venture was announced to the 250 All Brite staff on Tuesday.
His father started the business 30 years ago. All jobs were secure. "Essentially it's business as usual, customers will still deal with the same people and see our trucks driving around the Bay."
Mr Combs said there was a lot of consolidation within the waste industry and it was a chance for All Brite to partner a major player in the waste business.
" We will be able to offer the total waste solution to our customers," he said.
It was also an opportunity for All Brite to move into the South Island and possibly Australia.
All Brite is the only New Zealand company involved in all stages of the recovery process: Collection, processing, and marketing.
