Interim examiner is appointed to Mr Binman

Eugene Phelan

Reporter:

Eugene Phelan

THERE are fears for the future of 220 jobs in Limerick with confirmation that an interim examiner has been appointed to the Mr Binman waste collection and recycling company.

THERE are fears for the future of 220 jobs in Limerick with confirmation that an interim examiner has been appointed to the Mr Binman waste collection and recycling company.

But the firm – which employs a total of 331 people in the Mid-West and is responsible for an estimated 280 indirect jobs – says it is confident it can trade out of its present difficulties.

It confirmed that it has held talks with an investor who wants to pump money into the company.

Mr Binman has its headquarters in Ballyneety and has 56,900 domestic and 5,500 business customers on its books. It was set up by Martin Sheahan Snr in 1984.

In a statement, the company said Ms Justice Mary Finlay Geoghegan appointed Billy O’Riordan of PricewaterhouseCoopers as interim examiner to the Mr Binman Group. The interim examiner was also appointed to subsidiary companies Greenport Environmental Ltd, Rural Refuse & Recycling and Clearpoint Recycling Ltd.

The Limerick Leader understands that representatives of Mr Binman met with Revenue Commissioner officials this week over what are believed to be “huge sums” owed to Revenue.

*A full version of this story was published in the print edition of Limerick Leader, dated October 15, 2011