Macquarie reaches deal to buy Panda owner Beauparc Waste collection company valued at around €1bn about 2 hours ago
The largest waste company in the State, Beauparc Utilities, is to be taken over by Australian financial services giant Macquarie from the business’s founder, Eamon Waters, and private equity firm Blackstone. Parties to the deal confirmed the agreement in a joint statement on Tuesday, which did not disclose the price. However, industry sources previously put a value of as much as €1 billion on the owner of the Panda and Greenstar waste firms in the Republic as well as operations in the UK and the Netherlands.