City Bin collects €30m pot for acquisitions

The City Bin Company plans to go on an acquisition spree after securing €30 million in investment.

The company, which was founded in Galway in 1997 before expanding to Dublin in 2012, raised the money from Muzinich & Co, a European investment firm specialising in public and private corporate credit.

The €30 million bought out City Bin’s Dubai-based funder Averda and will provide capital for acquisitions. It is likely that City Bin’s acquisitions ...