Limerick waste company, Mr Binman, is sold by receivers

THE receivers appointed to Mr Binman have confirmed the sale of the company to a consortium led by Brian Dillon, Managing Director of Dillon Waste and Recycling,

THE receivers appointed to Mr Binman have confirmed the sale of the company to a consortium led by Brian Dillon, Managing Director of Dillon Waste and Recycling,

In a statement, joint receivers Kieran Wallace and Padraic Monaghan of KPMG said the acquisition relates to Mr Binman only which has customers in Limerick, Kerry, Clare, Cork and Galway and that it does not relate to Clearpoint and O’Mearas (Mr Binman Clonmel), which continue to trade as normal in receivership.

“The acquired entity will continue to trade under the successful brand, Mr Binman. Brian Dillon will take up the role as Managing Director of the company,” read the statement.

Mr Binman, whose headquarters are at Luddenmore, Grange, was placed in receivership last October.

“The acquired entity will continue to trade under the successful brand, Mr Binman. Brian Dillon will take up the role as Managing Director of the company,” read the statement.

Dillon Waste is a successful waste and recycling business based in Tralee, Co Kerry, servicing both household and commercial sectors. Commenting on the acquisition, Brian Dillon said: “Mr Binman is a strong Limerick company, which despite undergoing a receivership process has managed to hold its own in what is a highly competitive market. I would like to thank our customer base for their loyalty and support during the process, and assure them that it is our intention to continue and enhance further the quality Mr Binman’s customer service. I would like to also thank the loyalty and support shown to Mr Binman by its employees.”

Concluding, he said: “It is our objective now to quickly return the business to a strong commercial footing, which will ensure the company’s success into the future.”

Commenting, Kieran Wallace of KPMG said: “I am delighted that the most suitable buyer has been found for the Limerick operations of Mr Binman, which is a good business, with a strong brand, and which now has a viable future. I wish Brian Dillon, his team and the employees of Mr Binman the very best for the future.”