North-east energy industry duo lead £1m buyout of green

© Supplied by Bold St Media
l-r Energy industry veterans Mike Wilson and Doug Duguid, who have, together with other investors, acquired Oldmeldrum business Recycl8
Energy industry veterans Mike Wilson and Doug Duguid have led a £1 million buyout of a north-east firm created just two years ago through a business start-up scheme.
Mr Wilson, Mr Duguid and other investors have swooped to buy environmental technology company Recycl8, which is developing a “groundbreaking” low carbon process for the construction industry.
Oldmeldrum-based Recycl8 works with partners in the waste-to-energy and global construction industries to transform incinerator ash – often destined for landfill – into a low carbon additive for concrete manufacture.

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