Firion sells waste vehicle producer Geesinknorba to Globitas

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The waste collection vehicle manufacturer Geesinknorba has returned to Dutch ownership after twenty years. It was acquired for an undisclosed price by "a group of entrepreneurs, management and investor Globitas", the company announced. René de Wit was appointed as the new CEO. The previous owner of the Dutch business specialising in collection vehicles and stationary waste compactors was the Chinese environmental technology fund Firion Investments, which also owned the Spanish environmental service provider Urbaser from 2016 to 2021. Firion itself is a subsidiary of China Tianying Inc. (CNTY)....

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