PHS Datashred, the confidential data destruction division of the £422 million PHS Group, has continued its national expansion by purchasing Bettershred, a ‘10-year old’, £250,000 turnover, Milton Keynes-based mobile document shredding business, with over 900 clients.
In January PHS Datashred acquired Exeter-based Phoenix Shredding, expanding its geographical reach in the South West, and now has 15 destruction centres nationally. Anthony Pearlgood, MD, PHS Datashred, said: “For our 50th anniversary year our aim is to cover more of the national shredding market. This acquisition means that, in the past few weeks, we have further established ourselves as one of the UK’s largest shredding companies. “We’re always looking at opportunities to expand, and Bettershred fitted perfectly with our organic growth strategy. We will offer our new and existing customers in Milton Keynes improved service levels, enhanced security standards, and a more flexible range of services – including on and offsite shredding and IT recycling.” Each year, identity fraud in the UK costs more than £2.7 bn, affecting over 1.8 million people, recent National Fraud Authority (NFA) data reveals.
