Greenstar to acquire Veolia waste division

WASTE management specialist Greenstar has reached agreement to acquire the Irish-based commercial waste and recycling operations of French company Veolia Environmental Services, for an undisclosed sum. The deal is dependent on Competition Authority approval.

It will not include Veolia’s hazardous waste management business, which will remain part of its strategic plan for Ireland. The company has operated here since the early 1990s with offices in Limerick, Dublin, Cork, Waterford and Newry.

As a result of this transaction, Greenstar, which is owned by renewable energy and waste management group NTR, will expand into Limerick and the North and strengthen its existing presence in Cork, Dublin and Waterford.