Slaughter and May is advising Blackstone’s Tactical Opportunities business on the disposal of Beauparc to Macquarie Asset Management

Slaughter and May is advising Blackstone’s Tactical Opportunities business on the disposal of Beauparc to Macquarie Asset Management, via Macquarie European Infrastructure Fund 6.

Beauparc is a recycling and processing led waste-to-resource business with a market leading position across Ireland, and a significant growing presence in the United Kingdom and the Netherlands. The portfolio of waste management services generates value from waste by processing materials from collectors, including its own residential and commercial collection business, towards reusable products and supplying waste to cement kilns and energy-from-waste facilities.

The terms of the transaction have not been disclosed. Completion of the transaction is subject to receipt of customary regulatory approvals.