Kildare: CCPC Clears Acquisition of Local Recycling Company
Deal News | Apr 11, 2025 | EIN
The Competition and Consumer Protection Commission (CCPC) has approved the acquisition of Bord na Mna Recycling Limited, based in Kildare, Ireland, by KAES Recycling Holdings Ltd, part of KWD Group. This decision followed detailed discussions and a preliminary investigation to assess the merger's impact on competition in the waste management sector in Leinster and Munster. To address competition concerns, KAES Recycling has agreed to divest certain domestic and commercial customers to a new provider, ensuring consumer support and compliance through an independent monitoring trustee. Despite the approval, the CCPC remains skeptical about the current state of the household waste collection market in Ireland, advocating for structural reforms and an economic regulator.
Sectors
- Waste Management
- Regulatory Affairs
Geography
- Ireland – The article involves companies and regulatory decisions pertaining to Ireland, specifically in the regions of Leinster and Munster.
Industry
- Waste Management – This industry is relevant as the article discusses the acquisition in the recycling and waste management sector.
- Regulatory Affairs – The involvement of the CCPC highlights the regulatory aspect of mergers and acquisitions in the waste management industry.
Financials
- 55 million – Estimated value of the acquisition deal.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bord na Mna Recycling Limited | Target Company | Company | A Kildare-based recycling company being acquired. |
| KAES Recycling Holdings Ltd | Bidding Company | Company | Part of the KWD Group, acquiring Bord na Mna Recycling Limited. |
| Competition and Consumer Protection Commission (CCPC) | Regulatory Authority | Government | The Irish regulatory body responsible for approving the acquisition. |