Macquarie Asset Management has agreed to acquire Beauparc Utilities from founder Eamon Waters and Blackstone Tactical Opportunities Fund.
The acquisition will be made through the Macquarie European Infrastructure Fund 6.
Beauparc is a recycling and processing led waste-to-resource business based in Ireland. The portfolio of waste management services generates value from waste by processing materials from collectors, including its own residential and commercial collection business, toward reusable products and supplying waste to cement kilns and energy-from-waste facilities.
Beauparc-owned businesses serve more than 340,000 residential, commercial, electricity and gas customers across a portfolio of 40 waste facilities, where more than 3 million tons of waste is processed each year.
“We see a significant opportunity to build on Beauparc’s strong reputation in the sector, investing to support the growth of the circular economy through projects that dive