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Announced

Thorntons Recycling to acquire The City Bin Co from Carlyle.

Synopsis

Thorntons Recycling, a waste management firm, agreed to acquire The City Bin Co, a waste management service in Dublin, Ireland, from Carlyle, an investment firm. Financial terms were not disclosed. "We are delighted to acquire The City Bin Co. which has an excellent reputation in the waste management sector and is a well-known brand with a loyal customer base in Dublin and Galway City. With this investment Thorntons Recycling is making a strong commitment to delivering for Ireland’s circular economy and helping the country achieve its climate action targets. Our two businesses are highly complementary in terms of culture and outlook, and together we will continue to deliver a premium service to our customers and excellent career opportunities to our employees," Gary Brady, Thorntons Recycling CEO.

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