“Building on the platform created by the vision of Brendan Woods and his family, we have achieved an awful lot in the last few years at NWP despite often challenging circumstances but, in reality, we are only getting started. We are delighted to have MML Ireland, 57 Stars, and HSBC as supportive partners, backing our ambition for the business and helping to take NWP into its next cycle of development and evolution.”

Colm Warren, CEO, Natural World Products

Natural World Products

Shareholder reorganisation to facilitate the CEO and management team acquire the business from existing shareholders and significant growth capital to accelerate the expansion of the business.

The business

NWP is the leading recycler of organic material on the island of Ireland, creating organic compost from incoming materials.

The deal

NWP manages more than 250,000 tonnes of organics annually, producing high-quality, peat-free organic compost with significant benefits for soil health and carbon sequestration. The CEO, Colm Warren, and the NWP management team are passionate about the business and have a proven track record of delivering strong growth.

As part of the transaction, MML Ireland, alongside co-investor 57 Stars, made a c.£20m investment into NWP.  The deal sees MML Ireland as the largest single equity holder and represents a significant investment in the business alongside the current management team, led by Colm, with all other existing shareholders exiting the business. MML Ireland and 57 Stars have partnered with Colm and management to help grow and expand the business. The investment includes a substantial amount of growth capital that will help accelerate the expansion, growing the current facilities on site to increase processing capabilities and to further the development of the retail compost opportunity.

MML Ireland Fund II
Northern Ireland
Deal Status

Related news

New waste management strategy needs to be about much more than managing “waste”
Author: Colm Warren. First Published: The Irish News, 13 September 2022.
MML Ireland backs existing management and acquires Natural World Products Limited
MML Ireland announced a deal to make a c.£20m investment into Natural World Products Limited, the largest recycler of household organic waste on the island of Ireland, to facilitate the further expansion of the company.

Associated deal team

Neil McGowan

Partner and Co-Head of Investments

Shane Cooke

Investment Director

Christopher Walsh

Investment Director

Muireann MacAuliffe

Investment Manager

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