RECEIVER OF KILCONNELL LANDFILL TO SEEK GREENSTAR TRADE SALE

Date Published: 23-Aug-2012

The receiver appointed to the operators of Kilconnell dump near Ballinasloe, says the business will be managed as a "going concern, with a view to a trade sale".

David Carson of Deloitte Ireland has taken up his appointment as receiver to Greenstar Holding Limited today following a the firm's request to its syndicate of banks.

Nationally, the firm has a workforce of 800 who are tasked with collecting waste from 80 thousand households and 12 thousand businesses.

It is part of the NTR group which last month published a report stating its subsidiary Greenstar will close its nationwide landfills over the next three years unless prices improve.