A major criminal investigation was underway yesterday after a €1.5m arson attack which destroyed six bin lorries from City Bin Company, and damaged three more.
CCTV footage captured images of two men entering a parking depot at Ballymount in Dublin around 10pm on Friday night and using a can of petrol to set the lorries alight.
The arsonists deliberately singled out lorries with City Bin livery while trucks from other companies were left untouched.
City Bin Chief Executive Gene Browne vowed yesterday that the company would provide a full service to customers on Monday despite the attack.
"There is no doubt that this was a deliberate attempt to try and put us out of business but we are not going anywhere," he told the Sunday Independent.
City Bin is currently going through a period of rapid expansion and has made significant moves into the Dublin market in recent months spearheaded by a slick "See Red" marketing campaign based around their bright red wheelie bins.
Just last month a deal was concluded with the waste-disposal multinational Averda which will invest €15m into City Bin Co.
City Bin, founded in 1997 in Galway by Gene Browne, serves domestic, commercial and industrial users
Friday night's arson attack could have been substantially worse. While six lorries were destroyed, another three were also doused in petrol but the fires burned themselves out before they could cause substantial damage.
Mr Browne believed those lorries could be recoverable.
"We will be providing our normal service next week. We are obviously quite shocked by this deliberate attack on our business. It appears that those who carried out the attack singled out our lorries," Mr Browne said.
"A family who live nearby had to be evacuated at the height of the blaze but thankfully no one was hurt in this incident. That is the important thing," he added.
A new bin lorry costs some €250,000.