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PandaGreen buys New Earth Solutions

New Earth Solutions IVC Blaise

New Earth Solutions (NES) companies have been bought by Irish waste firm PandaGreen.

In June, NES Group (NESG) and NES Facilities Management (NESFM) were acquired by newly formed company DM Opco after the companies had been in administration.

Now Republic of Ireland-based PandaGreen has announced it bought all DM Opco’s business and assets on 13 October.

The acquisition includes all five NES waste treatment facilities, comprising the Avonmouth, Canford and Cotesbach mechanical biological treatment facilities and the Blaise (pictured) and Sharpness in-vessel composting plants.

PandaGreen said it will use the facilities as a “UK growth platform” after previously expanding across the Republic of Ireland.

The company will trade as NES for the time being at the UK facilities.

Managing director Brian McCabe said: “While ensuring we continue to offer a reliable service to the customers of the five waste treatment facilities, it is our intention to further invest in order to ensure continued high rates of recycling and diversion of waste from landfill.”

Peter Mills, PandaGreen’s current head of commercial and operations, will head the UK operation as managing director.

“We are delighted to have Peter on board as he brings a level of past knowledge and experience to this new business and we look forward to working with Peter and his team into the future,” said McCabe.

Earlier this year, PandaGreen bought its largest competitor in Ireland, Greenstar. It has now completed nine acquisitions since 2007.

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