Mergers and Acquisitions: Page 5


  • A Waste Connections collection truck is parked in front of the Las Vegas Convention Center
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    Megan Quinn/Waste Dive
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    WCN 2022 earnings

    Waste Connections ends 2022 favorably despite headwinds; spent $2.3B on acquisitions

    Waste Connections executives expect a strong start to 2023 due to anticipated acquisitions activity, as well as minor improvements in recycled commodity and energy credit values.

    By Feb. 16, 2023
  • Republic Services truck tipping load of recyclables
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    Courtesy of Republic Services
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    RSG 2022 earnings

    Republic says it’s ready for any economy; M&A remains a priority after spending $2.7B in 2022

    Executives said they anticipate growing revenue potential from the company’s environmental solutions division. The company also previewed upcoming plastic recycling center investments and acquisition plans.

    By Feb. 16, 2023
  • Gray and green garbage cans overfilled with domestic refuse Explore the Trendline
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    Miravision via Getty Images
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    Trendline

    The Waste Dive Outlook on 2022

    Get up to speed on what may be coming next around M&A, labor solutions, ESG investment trends, federal regulation, state policy, environmental justice, local programs and more.

    By Waste Dive staff
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    Courtesy of Inter Miami CF
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    RTS acquires Cycle in effort to broaden reverse vending systems at sports stadiums and events

    Recycle Track Systems will offer Cycle’s RVMs as part of its expanding stadium and recycling rewards business. The companies recently debuted a new machine at the Super Bowl.

    By Feb. 15, 2023
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    Waste Dive/Waste Dive
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    Waste and recycling industry leaders discuss the operational impact of corporate ESG trends

    LRS CEO Alan Handley and Vanguard Renewables Chief Sustainability Officer David Darr recently joined Waste Dive for a live discussion about investment trends, sustainability reporting, customer expectations and more.

    By Waste Dive Staff • Feb. 15, 2023
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    Courtesy of Sonoco
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    Sonoco reports ‘pivotal year’ of growth driven by consumer packaging demand and M&A

    During a recent earnings call, CEO Howard Coker touted the importance of the company’s metal packaging acquisition — its largest ever — and why he thinks it “feels like we are in a recession.” 

    By Feb. 13, 2023
  • BP logo with sun symbol
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    Leon Neal via Getty Images
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    BP CEO describes Archaea acquisition as a ‘game changer’ for boosting biogas volumes

    In their first earnings call since completing the purchase of a leading landfill gas project developer, BP executives outlined plans to ramp up capital spending and pursue new offtake options for the Archaea platform.

    By Feb. 8, 2023
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    Retrieved from Facebook on February 07, 2023
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    Denali Water Solutions promotes Todd Mathes to CEO

    The fast-growing organics recycler's founder and previous CEO, Andy McNeill, will focus on long-term strategy and acquisitions as the private equity-backed company continues to expand.

    By Feb. 7, 2023
  • Office building with glass windows alongside a river with snowy environment
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    The image by Will Fisher is licensed under CC BY-SA 2.0
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    WestRock notes global paper market headwinds but touts sustainability investments as growing opportunity

    WestRock reported lower Q1 income and withdrew full-year guidance due to market uncertainty. CEO David Sewell said increased packaging revenue and a focus on plastic packaging replacement projects are positive signs, however.

    By Feb. 2, 2023
  • Worker in safety helmet and vest sorts through recyclables on conveyor belt
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    Courtesy of WM
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    WM 2022 earnings

    WM boosts planned MRF and RNG spending by $590M, sees signs of inflation easing

    Volumes may be flat, and recycling values are down, but executives hope cost control measures and long-term investments will offset headwinds. They said federal regulations are driving an attractive environment for RNG projects.

    By Feb. 1, 2023
  • Activity at a recycling facility
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    Industry Dive/Waste Dive
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    Northstar Recycling acquires Sonoco’s ‘asset-light’ waste services business

    The private equity-backed company has purchased a business that focuses on providing third-party service and consulting to large manufacturing clients from the major packaging company.

    By Feb. 1, 2023
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    Courtesy of Covanta
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    Q&A

    Covanta CEO promises ‘vastly different’ approach for the company

    Azeez Mohammed, who joined the company as part of its 2021 sale to EQT Infrastructure, talks through a wave of strategic changes in his first extended interview on the job. 

    By Jan. 26, 2023
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    Miravision via Getty Images
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    The Waste Dive Outlook on 2023

    What you need to know on industry trends to watch, the hiring landscape, fleet maintenance and more to come as the new year gets underway.

    By The Waste Dive Team • Updated Feb. 15, 2023
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    welcomia via Getty Images
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    2023 outlook

    As some labor strains ease, the waste and recycling industry has further opportunity to grow its ranks

    Pandemic-era labor challenges for the waste industry are persisting three years later. Read what experts from Stifel, SWANA, the Teamsters and the Women in Trucking Association think could help.

    By Jan. 19, 2023
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    Permission granted by VLS Environmental
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    Q&A

    VLS Environmental sees hazardous waste and PFAS opportunities after latest acquisition

    VLS, a private equity-backed company, intends to keep growing in the hazardous and non-hazardous waste sectors. Its latest purchase of Texas Molecular may also open up new opportunities for PFAS disposal.

    By Jan. 18, 2023
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    Courtesy of Renovare Environmental
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    Renovare Environmental sells digester business while fate of West Virginia plant still pending

    The financially troubled company sold its aerobic digestion assets to TraQiQ, a technology company with no known waste background. Meanwhile, fire issues have been mitigated at Renovare’s shuttered West Virginia site.

    By Jan. 17, 2023
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    welcomia via Getty Images
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    2023 outlook

    6 waste and recycling trends to watch in 2023

    The effects of ongoing M&A, the biogas boom, and regulatory and financial debates around plastics are among the most complex topics on Waste Dive’s radar in the new year.

    By , , Jan. 12, 2023
  • Fence in the foreground, construction cranes in the background
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    Cole Rosengren/Waste Dive
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    Deep Dive

    The fragile ecosystem of Massachusetts C&D recycling

    The state’s construction recycling requirements have spurred a wave of new infrastructure investments and led to more acquisitions. Some say they’ve also constrained capacity, all while the region’s building boom continues.

    By Jan. 11, 2023
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    Permission granted by LRS
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    LRS grows in Michigan and Indiana with largest acquisitions to date

    The purchases of Michiana Recycling & Disposal Service and Modern Waste Systems are the latest among dozens of transactions by the private equity-backed company in recent years.

    By Jan. 9, 2023
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    Retrieved from Facebook on January 05, 2023
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    FCC Environmental buys Houston hauler in second acquisition to date

    The deal, which closed in December, involves a fleet of 40 trucks and marks a notable expansion for FCC’s presence in its headquarter city.

    By Jan. 6, 2023
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    James Andrews via Getty Images
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    By the numbers: 2022 waste and recycling trends with implications for 2023

    Key data points on some of the top issues — M&A, ESG, inflation and policy — that illustrate another eventful year for the industry.

    By , , Jan. 4, 2023
  • BP logo with sun symbol
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    Leon Neal via Getty Images
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    BP completes $4.1B acquisition of Archaea

    The transaction positions BP as a major developer of renewable natural gas projects at U.S. landfills and caps off a rapid rise for Archaea since it became a public company in 2021.

    By Dec. 28, 2022
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    GFL Environmental builds out Fort Wayne, Indiana, footprint with acquisition

    The Canadian company recently purchased Bunn Box, a family-run hauler and facility operator. This is one of multiple local acquisitions since GFL was awarded a collection contract in Fort Wayne.

    By Dec. 22, 2022
  • Piece of heavy equipment in front of large pile of garbage
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    welcomia via Getty Images
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    Top interviews with waste and recycling leaders in 2022

    Read some of the year’s most popular conversations with CEOs from Republic Services, WIN Waste Innovations, LRS and Vanguard Renewables, as well as leaders from WM, the U.S. EPA and other organizations.

    Dec. 22, 2022
  • A Republic Services truck and dumpster.
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    Courtesy of Republic Services
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    Republic Services buys longtime family hauler in northwest Illinois

    Moring Disposal, a privately-owned company since 1977, has a range of collection and transfer operations in the region. The deal marks an expansion for Republic in this part of the state.

    By Dec. 20, 2022
  • BP
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    Oli Scarff via Getty Images
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    Archaea shareholders approve $4.1B sale to BP

    Recently released proxy filings share new details about joint venture partner Republic Services signing off on the deal. BP’s CEO has described his company as “the natural owner” of Archaea, with exponential growth ahead.

    By Dec. 14, 2022