Price freeze urged as part of Panda-Greenstar deal

The Consumer Association of Ireland has called on Panda Waste to commit to a five-year price freeze for its bin customers if its proposed partial takeover of rival Greenstar is approved by the competition regulator.

Panda yesterday said it had reached agreement to buy the residential and commercial collections, transfer, and processing businesses of rival waste management and recycling operator, Greenstar, for an undisclosed sum, confirming a deal which has been speculated upon for months.

Both parties hope to conclude the deal within three-to-six months and the transaction has been passed to the Competition and Consumer Protection Commission for perusal.