Dive Brief:
- Peoria, IL-based Area Disposal Service Inc. has purchased Casali and Sons Disposal, a residential and commercial hauler in Bloomington, IL, for an undisclosed amount. This acquisition expands its environmental services to include residential and commercial customers in Bloomington and Normal, IL.
- Area Disposal will manage the Casali routes and customers from its Clinton, IL operation.
- The business transaction follows Area Disposal’s March acquisition of Captain Hook, which serves Peoria and other central Illinois regions. And in 2014, Area Disposal acquired two waste hauling businesses in Hannibal, MO: Campbell Disposal Services Inc. and Right Way Disposal Inc. Both companies provide residential and commercial collection for Marion and Ralls Counties.
Dive Insight:
The trend of mid-sized companies acquiring smaller waste and recycling companies has become an industry-wide movement, seen through recent transactions such as that of JBC Group and Mountain Waste & Recycling Inc. Companies like Inland Waste have demonstrated a spread to multiple states, doubling in size through their expanded operations.
Other companies are forming whole new subsidiaries, concentrating on niche markets and smaller-scale firms to generate growth and market expansion.
Speaking of Area Disposal’s newest acquisition, Matt Coulter, the company’s vice president of sales, said in a news release, "This is a strategic acquisition further demonstrating our commitment to growth in the refuse and recycling industry."
