FCC Environmental Services, Houston, has completed its first U.S. acquisition, purchasing Premier Waste Services LLC of Dallas. The company has declined to release the purchase price.
Premier has provided commercial solid waste services in the Dallas/Fort Worth metro area for more than 20 years. The company services more than 4,000 contracts with a fleet in excess of 50 vehicles. FCC says the company’s history, strong workforce and customer focus made it a great fit to expand its footprint in Texas.
“This growth is a key driver for our company as we continue to expand our U.S. presence and work to synergize our operations,” says Inigo Sanz, CEO of FCC Environmental Services. “Thus far, all of our growth has been organically driven, and we are excited about this further lever to grow our company and embrace proven service providers like Premier.”
He tells the Recycling Today Media Group that the Premier name will be retained initially.
Sanz says FCC is looking for similar acquisition opportunities, adding that "any other company with a similar profile that Premier could be our next target."
He says FCC is interested in acquiring hauling and processing assets. "[O]ur goal is not only to increase our size but also to improve our vertical integration."
Latest from Recycling Today
- Summa Equity acquires majority stake of Bollegraaf
- PTR adds new inside sales account manager
- Cascade Engineering distributes free carts in Flint, Michigan
- 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