Slicker Recycling, a Worcestershire-based oil and waste recycling firm, has taken on a new shareholder who will bring both sector expertise and fresh capital to support its growth.
Dr Andreas Weinberger, via his investment company, has acquired a significant stake in Greenbottle, the parent company of Slicker Recycling and Re:Group, and a co-investor in Danish re-refinery company AVISTA Green.
Dr Weinberger, widely recognised for his expertise in waste oil collection and re-refining, will also join Slicker Recycling’s executive board.
He previously served as CEO and Chairman of AVISTA Oil AG, where he played a key role in shaping the global re-refining industry.
Over the coming months, Dr Weinberger will inject new capital to help fund the company’s expansion plans.
Mark Olpin, executive chairman of Slicker Recycling, said: “Andreas brings immense oil waste sector experience not just to Slicker Recycling, but to the group as a whole. We are thrilled to welcome him as a shareholder, but also as someone who’s expertise, knowledge and strategic guidance will be invaluable in supporting the next stage of our growth plans. Andreas has a deep understanding of the sector, our business and where we see ourselves in the market. He will play an integral role in our success in the months and years ahead.”
Weinberger said: “Slicker Recycling has leading credentials in the used oil and wider waste management industry. Aside from my new shareholding in the business, I am delighted to be working closely with the executive team and look forward to playing my part in the company’s growth and development.”
Headquartered in Worcestershire with depots across the UK, Slicker Recycling employs over 200 people. The company opened a £70m base oil re-refinery in Denmark in 2020 through a joint venture with AVISTA Oil AG and was awarded the King’s Award for Enterprise in 2024, recognising its growth in the UK and Europe.