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Hydrodec Group of London has sold Hydrodec (UK) and Hydrodec Re-Refining (UK), its waste oil collection businesses, to a shareholder for a nominal sum.
Hydrodec has sold its Knowsley-based office, plant and associated assets to Mulberry Waste for £0.7m.
Hydrodec Group is to acquire Eco-Oil, the Newport-based oil recycling firm, for £2.4m.
Hydrodec Group is to submit plans to Wirral Council to build an oil refining plant in Eastham by 2016, with the creation of 40 jobs.
Hydrodec Group has bought OSS Group, the Merseyside-based oil processing firm with about 200 staff, out of administration.