Mergers and Acquisitions: Page 12
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Deep Dive
Future of troubled Renovare unclear after West Virginia facility closure, surprise merger reversal
The company — formerly known as BioHiTech Global — has seen its stock price plummet following financial, operational and legal issues. Former partner Entsorga sees a path forward for its shuttered showcase plant.
By Cole Rosengren • Updated July 1, 2022 -
Pay growth continued for top waste and recycling leaders in 2021 as CEO-median employee pay ratio widened
See the latest compensation data for executives at WM, Republic Services, Waste Connections, GFL Environmental, Clean Harbors, Stericycle, Harsco and Casella Waste Systems in our annual report.
By Cole Rosengren • June 29, 2022 -
Deep Dive // California's organics experiment
Expecting food waste 'tsunami,' California recyclers focus on infrastructure and end markets
As the state rolls out universal organics collection, major companies such as Agromin, Anaergia, GreenWaste Recovery, Recology, Republic Services and WM are expanding to meet demand. Learn more in Part 2 of our series.
By Cole Rosengren • June 9, 2022 -
California’s high-stakes experiment to cut organic waste disposal 75% by 2025
Waste companies and local governments in the state are making massive investments and operational changes to meet the demands of SB 1383. Explore the implications with our ongoing series.
Updated Nov. 14, 2022 -
Q&A // Environmental justice conversations
How New Jersey’s environmental justice law is beginning to affect operators around the country
Environmental lawyer Matthew Karmel offers insight on the law's newly-released draft rule language, plus M&A considerations and tips for navigating EJ risk assessments in any state.
By Megan Quinn • June 7, 2022 -
Deep Dive // California's organics experiment
Ambitious policy makes California a crucible for investments in organics collection and recycling
SB 1383, a sweeping law that calls for a 75% reduction in organic waste disposal by 2025 to reduce methane emissions, has spurred a flurry of activity. Is the state's current infrastructure ready to meet the moment?
By Cole Rosengren • June 3, 2022 -
Q&A
Willie Goode, founder of multiple DC-area waste companies, reflects on 30 years in business
After starting out on the back of a truck, the CEO of Maryland-based Goode Cos. has since grown a multi-company portfolio. He reflects on what it took to get there, a tough contract experience in Florida and what's next.
By Cole Rosengren • May 23, 2022 -
WasteExpo 2022
How top waste companies are competing around M&A, recycling, inflation and labor
Hear what executives from Casella Waste Systems, Coastal Waste & Recycling, LRS, Republic Services, USA Hauling & Recycling, Waste Connections and others had to say about key trends at WasteExpo.
By Cole Rosengren • May 18, 2022 -
Sponsored by LRS
Wanted: Established, independent family-owned waste, recycling and portables providers to extend legacies and disrupt the status quo
Achieving exponential growth organically and through acquisition, LRS remains hungry for continued expansion, and in attracting successful, family-owned businesses in search of continuing their legacy with LRS.
May 9, 2022 -
RSG 2022 earnings
Republic Services plugs US Ecology-driven expansion, Archaea RNG deal
After finalizing the $2.2 billion US Ecology acquisition, Republic said it has another $400 million worth of solid waste and recycling deals "in the advanced stages of closing" and is eyeing tuck-ins in environmental solutions.
By Maria Rachal • May 6, 2022 -
GFL 2022 earnings
GFL Environmental's momentum continues with 21 deals, further potential to recover fuel costs
Following the Sprint purchase, executives anticipate further M&A opportunities. They were also optimistic in an earnings call about further potential from recovering Canadian volumes, price increases and lower labor turnover.
By Cole Rosengren • May 5, 2022 -
WCN 2022 earnings
Waste Connections touts $175M in Q1 acquisitions, 'robust pipeline' for 2022
The company discussed a strong start to the year due in part to solid waste pricing and revenues from its resource recovery sector, but inflation and labor challenges remain.
By Megan Quinn • May 4, 2022 -
The image by Montgomery County Planning Commission is licensed under CC BY-SA 2.0
Clean Harbors Q1 boosted by HydroChem PSC deal, growing environmental services demand
Executives touted plans for an upcoming Nebraska incinerator and are optimistic about gaining further ground in a market that has become more consolidated following Republic's purchase of US Ecology.
By Cole Rosengren • May 4, 2022 -
Q1 earnings results for major waste and recycling companies
Catch up on the latest round of financial results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors and Stericycle.
By The Waste Dive Team • Updated May 6, 2022 -
C&D recycling and rail transfer facility coming to capacity-strained Greater Boston market
The project is not owned by a major waste industry player, making it an outlier for the region. With construction beginning later this year, it will enter a market with increasingly high recycling expectations.
By Cole Rosengren • May 2, 2022 -
CWST 2022 earnings
Casella forecasts $1B in annual revenue, growing M&A pipeline
The Northeastern company reported a positive quarter despite facility construction setbacks, inflation issues and lower landfill volumes. It also previewed upward of $500 million in potential acquisition opportunities.
By Megan Quinn • April 29, 2022 -
WM 2022 earnings
WM describes 'conservative' approach on M&A, sees strong Q1 price and volume trends
Executives at the industry's top company kicked off earnings season with updates on efforts to offset inflation, reduce head count through automation and focus more on ESG investments than on big acquisitions.
By Cole Rosengren • April 26, 2022 -
M&A trends, DEI improvements and the future of electronics repair are the talk of NERC conference
At a virtual Northeast Recycling Council event, the DOJ weighed in on its antitrust review process, panelists discussed "rethinking our internal structures" on DEI and electronics repair advocates celebrated state legislative progress.
By Megan Quinn • Updated April 29, 2022 -
Republic Services closes acquisition of large Massachusetts hauler and recycler JRM
JRM was one of the last large independent companies left in the Greater Boston market. The deal fits in with Republic's existing transfer infrastructure in the region and will give it a MRF north of the city.
By Cole Rosengren • Updated May 20, 2022 -
Waste Dive Live: What's next for waste and recycling in 2022?
Watch the videos from our Feb. 10 virtual event to hear perspectives from the Waste Dive team, The Recycling Partnership and Reloop.
By The Waste Dive Team • March 9, 2022 -
FCC Environmental makes first US acquisition, forecasts 'many more'
The Spanish company's U.S. division recently purchased a Texas hauler to help densify its commercial routes. CEO Inigo Sanz discusses other recent developments as the operation works toward $300 million in revenue.
By Cole Rosengren • Feb. 25, 2022 -
Casella lays out 2024 strategy, touts Northeast disposal projects and Boston MRF upgrade
After years of M&A, the Vermont-based company is on track to approach $1 billion in revenue for 2022. Executives said they have wide flexibility to adjust prices amid inflation and outlined multiple areas for growth.
By Cole Rosengren • Feb. 18, 2022 -
Q4 earnings: Waste companies close out 2021 with inflation offset plans, sizable M&A activity, ESG spending
Pricing strategies are helping mitigate inflationary pressures, labor remains a challenge, MRF investment is growing and renewable natural gas projects at landfills are on the rise. Catch up on our takeaways from key public companies.
By The Waste Dive Team • Feb. 18, 2022 -
Q&A
Republic Services CEO talks what's next after the US Ecology transaction
Jon Vander Ark elaborated on Republic's environmental services expansion in terms of next steps to close the deal, a strategic review of market areas, potential capital investments, PFAS opportunities, future M&A and more.
By Cole Rosengren • Feb. 18, 2022 -
Waste Connections closes 2021 with more than $1B in M&A spending, sees path to $10B in revenue
The company says it's prepared to handle pressures around inflation, labor and other issues. It also closed 30 deals last year and sees more to come, following an active start to 2022.
By Cole Rosengren • Feb. 17, 2022