Thorntons Recycling acquires City Bin

Thorntons Recycling has agreed to acquire The City Bin Co. from existing shareholders including co-founder Gene Browne, the management team and Carlyle Cardinal Ireland (CCI).

Thorntons Recycling is an Irish business owned by brothers Paul and Shane Thornton, employing more than 550 staff who are committed to providing the highest level of customer service.

It has been operating in Ireland’s waste sector for almost 45 years and today handles over 700,000 tonnes of waste material across 11 depots.

The company provides a full range of recycling and waste management services to over 80,000 household and commercial customers.

A continuous re-investment programme in modern recovery facilities, processes, fleet, staff and equipment has positioned Thorntons at the forefront of Ireland’s green economy drive, with a market-leading 90% of the waste processed by Thorntons being recycled and recovered.

The City Bin Co. was co-founded by Gene Browne in 1997 to bring a customer-centric approach to the waste management industry.

The company is headquartered in Galway and operates in both Galway City and Dublin.

The City Bin Co.’s core strategic focus is customer service, and it is renowned for its quality of service and investment in people.

In recent years, the company has grown revenues and customer and staff numbers while increasing recycling rates and continuing its relentless pursuit of customer service excellence.

Approximately 180 people are employed across its operations.

Gary Brady, CEO, Thorntons Recycling said that Thorntons intends to retain The City Bin Co. brand post-acquisition.

“We are delighted to acquire The City Bin Co. which has an excellent reputation in the waste management sector and is a well-known brand with a loyal customer base in Dublin and Galway City. With this investment Thorntons Recycling is making a strong commitment to delivering for Ireland’s circular economy and helping the country achieve its climate action targets.

“Our two businesses are highly complementary in terms of culture and outlook, and together we will continue to deliver a premium service to our customers and excellent career opportunities to our employees.”