Sale of WSR Recycling Limited to DM TopCo Limited
We advised the shareholders of recycling solutions company, WSR Recycling Limited, on the sale of the company to DM TopCo Limited, a UK subsidiary of Irish recycling business, PandaGreen Ltd.
WSR Recycling works with waste collection and disposal authorities on a range of waste management needs including domestic waste such as household recyclables and residual waste as well as trade waste from commercial properties. The business has been running for more than 25 years.
The Panda Group is an award-winning, 100% Irish owned family business with its origins in Beauparc, Co. Meath. The group has 280,000 customers and over 30 years of experience within the utility industry in Ireland.
Our team, led by partner Mark Rutherford, comprised Beth Mather and Matthew Flint from Corporate, Jo Symes from Tax and Charlotte Chapman from Real Estate.
Mark Rutherford commented “It was fantastic to work with the sellers of a successful home grown family business whose commercial wins and good practices had come to the attention of a major player in the waste sector. Both parties took a commercial amiable approach to the sale to ensure a smooth transition and we worked alongside Catalyst to deliver good client service.”
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