• Cleanaway to acquire Contract Resources, a leading provider of integrated technical services
• Acquisition expected to complete on 31 July 2025
• Acquisition will accelerate Cleanaway's strategy to capture decommissioning, decontamination, and remediation opportunities

Cleanaway Waste Management Limited (ASX: CWY) has announced that the Australian Competition and Consumer Commission (ACCC) has cleared the acquisition of Contract Resources. The acquisition is expected to complete on 31 July 2025. Cleanaway CEO and Managing Director Mark Schubert stated that Contract Resources is a highly strategic acquisition that, when combined with Cleanaway's Industrial Services (IS) business, will create a leading provider of integrated, specialised technical services to customers in the oil & gas, resources and industrial sectors. The acquisition is expected to accelerate Cleanaway's strategy to capture the decommissioning, decontamination, and remediation (DD&R) opportunity, with Contract Resources' market-leading reputation, technical capabilities, and Tier 1 oil & gas customer base enhancing Cleanaway's value proposition and positioning the company to secure a greater share of DD&R projects and the complex, hazardous waste streams they generate.

The acquisition of Contract Resources is expected to accelerate Cleanaway's strategy to capture the decommissioning, decontamination, and remediation (DD&R) opportunity, enhancing the company's position in the industrial services and hazardous waste management sectors.