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Casella Waste Systems Acquires Three Solid Waste Businesses to Add USD 11.5m in Revenues
Wednesday 12 June 2019

12 June 2019 - Vermont, US-based solid waste, recycling and resource management services company Casella Waste Systems, Inc. (NASDAQ: CWST) has acquired the assets of D and E Rubbish Removal, Inc., Bin Dump'n Trash and the stock of TAM, Inc., three solid waste businesses with hauling, transfer and recycling operations in Maine, Massachusetts, and Vermont, the company said.
In total, the company expects to generate approximately USD 11.5m of annualised revenues from these acquisitions.
Casella said the operations will integrate well with existing assets and over time will allow the company to build further route density, drive operational efficiencies, and internalise additional waste.
Casella Waste Systems, Inc. provides solid waste management services consisting of collection, transfer, disposal, and recycling services in the northeastern United States.
Date Published: 12/06/2019
Target: D and E Rubbish Removal, Inc., Bin Dump, ´n Trash and the stock of TAM, Inc
Country: USA
Sector: Waste Management/Environment
Type: Corporate acquisition
Status: Closed
Buyer: Casella Waste Systems
Terms of the deal were not disclosed