Consumer watchdog launches full review of The City Bin Co sale

Thorntons Recycling agreed to acquire the Galway-based waste disposal firm in July 2022

The City Bin Co was set up in 1997 and has more than 180 staff PIC: The City Bin Co

Ireland’s consumer watchdog has launched a full investigation into the sale of The City Bin Co, the waste disposal business, to Thorntons Recycling.

Last year, Thorntons Recycling agreed a deal to buy The City Bin Co from Gene Browne, its co-founder, and shareholders Carlyle Cardinal, for an undisclosed sum.

The City Bin Co, which has 180 staff on its books, operates out of both Galway City and Dublin.

When the acquisition was announced in July ...