Waste Industries, Inc. has
closed an acquisition with Allied Waste Industries Inc. to acquire commercial
routes in Memphis and Nashville, Tenn.; Augusta, Ga.; Pensacola, Fla.; and
Norfolk, Va. The acquisition adds about 3,640 customers representing
approximately $7.3 million of annual revenue to Waste Industries customer base.
``We are very glad that Allied selected our proposal to acquire this business which is a divestiture required by the U.S. Department of Justice. Most of the customers acquired improve our density on existing routes. We will continue to use Allied's landfills therefore they should experience no loss of tonnage. This deal is a win-win for all'' stated Lonnie Poole, chairman and CEO.
Explore the March 2001 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- CMRA selects venue for nonferrous recycling event
- Biffa adds C&D recycling firm to its portfolio
- Cliffs lines up funding for Canadian acquisition
- BIR joins plastics life cycle effort
- Black mass analysis in the sights of equipment maker
- Commercial Solar Panel Recycling seeks to further green the solar power industry
- Commentary: Novelis takes end-of-life automotive recycling to the next level
- Scrap Inventory Digitalization: Where Efficiency & Insights Deliver Profitability