Mergers and Acquisitions


  • 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

    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
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    Courtesy of WM
    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
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    Industry Dive/Waste Dive

    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
    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

    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 Jan. 30, 2023
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    welcomia via Getty Images
    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
    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

    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
    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
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    Cole Rosengren/Waste Dive
    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

    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

    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

    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
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    Leon Neal via Getty Images

    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
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    Cole Rosengren/Waste Dive

    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
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    welcomia via Getty Images

    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
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    Courtesy of Republic Services

    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
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    Oli Scarff via Getty Images

    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
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    photovs via Getty Images

    Waste and recycling M&A is as active as ever. What’s driving sellers to exit the industry?

    Experts from Comerica Bank and Houlihan Lokey, along with speakers at the Corporate Growth Conference, share insights on how the deal environment has evolved in 2022.

    By Updated Dec. 8, 2022
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    James Andrews via Getty Images

    The US waste and recycling industry in 2022 — what you need to know

    Stories on M&A, recycling policy and organics recycling expansion — and how the economy and environmental justice considerations are shaping the industry’s path forward — have driven the news this year.

    Dec. 5, 2022
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    Cole Rosengren/Waste Dive

    Waste Connections acquisition of C&D recycler continues Massachusetts expansion

    Trojan Recycling, which operates a C&D transfer facility and offers roll-off service, is at least the fourth local deal for Waste Connections this year.

    By Dec. 5, 2022
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    Courtesy of Republic Services

    Republic Services grows San Antonio footprint with hauling acquisition

    The addition of C6 Disposal fits into Republic’s local workforce of 500 employees in an area where it also operates a landfill. This deal is one of many for Republic in 2022.

    By Dec. 5, 2022
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    Retrieved from Facebook on December 01, 2022

    Macquarie fund purchases DTG Recycle, rapidly growing C&D recycler in Washington

    DTG, a vertically integrated company, is coming off a period of ongoing acquisition growth fueled by a prior investment from Clairvest Group.

    By Dec. 1, 2022
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    Courtesy of BELFOR
    Q&A

    How Redbox+ Dumpsters aims to grow its roll-off business in recession-resilient segments of construction

    Doug Smith, senior vice president of franchise development at Belfor Franchise Group, discussed recent trends regarding demand for roll-off containers and what’s attracting new franchisees to the business.

    By Nov. 28, 2022
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    Frontier Waste Solutions sells majority stake to private equity investors amid Texas growth

    Since John Gustafson founded it in 2017, Frontier has completed numerous acquisitions and won multiple municipal contracts. This latest investment is expected to further accelerate that growth.

    By Nov. 22, 2022