Selected Deals

Diversified Commercial Services

  • Target
    The City Bin Company Limited
  • Our Role
    Advisor to seller
  • Seller and Location
    The City Bin Company Limited, Ireland
  • Activity
    Waste collection company engaged in providing waste management and recycling services
  • Acquiror / Investors and Location
    Averda Servus s.a.l., Lebanon
  • Activity
    Provides waste management services in urban and rural areas
  • Description of Transaction
    Advised Averda Servus s.a.l., the Lebanon-based provider of waste management services, in the acquisition of a majority stake in the City Bin Co Ltd., the Ireland-based waste collection company providing waste management and recycling services, for a consideration of USD 20 million. This transaction is consistent with Averda’s strategy to expand into Europe, with Ireland serving as its headquarters. This transaction will result in an expansion of the City Bin Co’s operations and the creation of 35 new jobs.