The partnership between the two parts cleaning, oil and waste management firms is expected to drive large increases in used oil being collected and re-refined.
Over the coming months, Slicker Recycling will increase its operations and administration teams to help manage the extra demand.
Mark Olpin, executive chairman of Slicker Recycling said: “Safetykleen is a business we have worked with for nearly 10 years and during that time we have built a superb relationship and mutual respect.
“We are two of the largest and fastest growing environmental and sustainability specialists, so our partnership is great news for both businesses. Not only does it formalise how we work together, but it also gives the opportunity for more used oil to be collected, re-refined and put back into the economy in a sustainable way.
“Safetykleen shares our commitment to the circular economy and vision for a greener future so it’s an agreement which is positive from every angle.”
The partnership announcement follows a string of merger and acquisition deals from Slicker Recycling. Last year, the Worcestershire-headquartered company acquired Oil Monster. That UK deal followed the 2021 purchase of US-based oil treatment company Hydrodec.