Takeover of Greenstar and Panda owner set to lead to European expansion

The new owner of Irish waste management group Beauparc Utilities is planning to grow the business through acquisition and organic means across the UK and mainland Europe.

Australian investment bank Macquarie has confirmed that it has reached agreement to buy Beauparc – which owns the Greenstar and Panda Waste brands – for an undisclosed sum, believed to be around €1bn.