Norse South East was created on 23 March and will provide operational services on behalf of the council for the next 10 years.
The service will go live on 1 April, with 118 council employees being transferred to the new company. Norse South East will launch with ‘business as usual’, including emptying around 49,500 wheelie bins each week, keeping streets clean, removing graffiti and fly tipping, preparing and maintaining graves, looking after public toilets, and maintaining parks, open spaces and beaches.
The new company aims to save Havant Borough Council more than £2.5m over the next five years, through efficiency savings, increased buying power, profit sharing arrangements, reduction of management costs, and increased recycling income. Norse South East would also look to take on extra work in the area, which could create more jobs for the borough.
Sandy Hopkins, chief executive of Havant Borough Council, said: "The newly formed joint venture will change the way this council will do business in the future. This is by no means a merger or privatisation, it is exactly what it is - a joint venture, two companies in the service sector working together to deliver high quality services for our customers.
"Norse South East will have the freedom to bid for extra work, such as commercial waste collections, grounds maintenance, catering, cleaning, vehicle maintenance including MOT’s and facilities management, and it has the expertise and equipment to do so. There will be a lot of opportunities opened up as a result of this venture."
Managing director of Norse Commercial Services Peter Hawes added: "We are delighted to have formed this joint venture with Havant Borough Council, the first of its kind in the South of England. This is our fourteenth such partnership across the UK, and follows the successful business model that has helped local authorities maintain frontline services, protect jobs and feedback additional funding in times of continued economic pressures."