The City Bin Company Limited

Advisor to seller

The City Bin Company Limited, Ireland

Waste collection company engaged in providing waste management and recycling services

Averda Servus s.a.l., Lebanon

Provides waste management services in urban and rural areas

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.