Envipco Holding-UK handling fees favor Compact/Flex and Envipco-06/04/2026

Research evidence excerpt

Envipco Holding-UK handling fees favor Compact/Flex and Envipco-06/04/2026

Envipco Holding

NEWSFLASH | 4 JUN 2026

UK handling fees favor Compact/Flex and Envipco

The UK central operator has set retailer handling fees at a flat 3p per container for manual return points and, for RVMs, 5p

on the #rst 225k containers per year stepping down to 1.3p above that threshold. The tiered structure favors automated

return and smaller store formats. Combined with the outstanding GBP 60m grant proposal (up to GBP 6k per site), RVM

economics tilt toward convenience stores and should drive broader participation in Envipco's niche market, where

competition is very limited. We see scope for higher Envipco market share, with pay-back on Compact and Flex falling to

~0.4-0.6 years including grants. The UK has 33k convenience stores above 100 m² and 18k below, all now facing attractive

RVM returns. We size the total UK RVM market at ~EUR 850m, with the grant scheme expanding the addressable opportunity

by a further 5-7%.

UK handling fees confirmed - RVM economics turn highly attractive for smaller formats

Fee structure favours automation and small formats; proposed grant scheme adds a further ~6% to the addressable market

RVM payback (years)

2.3 yrs 2.7 yrs Quantum

0.7 yrs 0.9 yrs Magma

0.6 yrs 0.8 yrs Optima

No grant 1.0 yrs 1.1 yrs

Flex

Grant 0.5 yrs 0.6 yrs

No grant 1.2 yrs 1.9 yrs

Compact

Grant 0.4 yrs 0.6 yrs

0.0 yrs 0.5 yrs 1.0 yrs 1.5 yrs 2.0 yrs 2.5 yrs 3.0 yrs

Source: Pareto Securities 2

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