US waste company in takeover talks with AES

ADVANCED Environmental Solutions (AES), one of the country’s largest waste management companies, is in takeover talks with a US firm.

The firm has entered into final sale talks with US company EarthFirst Technologies, though no financial details have emerged.

AES was set up in 1996 as Waste Recycling Ireland but changed its name to Advanced Environmental Solutions in 2001 and has undergone a rapid expansion.