Mergers and Acquisitions: Page 11
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photovs via Getty Images
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 -
Courtesy of Martignetti Development
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 -
Courtesy of Casella Waste Systems
CWST 2022 earningsCasella 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 -
Permission granted by Waste Management
WM 2022 earningsWM 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 -
Ian Waldie/Getty Images via Getty Images
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 -
Cole Rosengren/Waste Dive
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 -
Miravision via Getty Images
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 -
Courtesy of FCC Environmental Services
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 -
Courtesy of Casella Waste Systems
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 -
ozgurcoskun via Getty Images
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 -
Courtesy of US Ecology
Q&ARepublic 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 -
Courtesy of WIN Waste Innovations
WIN Waste Innovations acquires New England recycler plus GFL-owned Georgia landfill
The purchase of two affiliated operations in Massachusetts further expands the company's transfer station network, including rail capabilities. The December acquisition of a southern rail-served landfill is also notable.
By Cole Rosengren • Feb. 15, 2022 -
Courtesy of Republic Services
Republic Services highlights 'both and' approach to grow solid waste, environmental solutions segments
On its fourth quarter and full-year 2021 earnings call, the industry's second-largest player touted a bundled services approach as part of the pending US Ecology buyout and said spending will continue across both businesses.
By Maria Rachal • Feb. 11, 2022 -
GFL Environmental spinning off infrastructure division into new 'GFL 2.0,' says plenty more M&A ahead
GFL closed out its second year as a public company with sizable increases in revenue, fueled in part by spending CA$2.3 billion on 46 acquisitions. The Canadian company is eyeing dozens of new deals and more growth this year.
By Cole Rosengren • Feb. 10, 2022 -
Cole Rosengren/Waste Dive
Republic Services closes $2.2B acquisition of US Ecology in major hazardous waste expansion
The deal fits into Republic's ongoing goal of expanding its environmental services business. US Ecology is the industry's largest hazardous waste landfill operator by volume.
By Cole Rosengren • Updated May 2, 2022 -
Miravision via Getty Images
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 The Waste Dive Team • Feb. 9, 2022 -
Permission granted by Gold Medal Environmental
Q&A10 questions with Gold Medal Environmental on its strategic transformation
CEO Darren Gruendel and new President John Doyen talked about culture integration challenges after M&A, plans for Mid-Atlantic growth beyond an estimated $92 million in revenue, how they've maintained operations despite labor limitations and more.
By Cole Rosengren • Feb. 8, 2022 -
Courtesy of Waste Management
WM 2021 earningsWaste Management planning $1.6B in ESG investments, says automation and attrition could phase out upward of 7,000 jobs
Executives closed out a turbulent 2021 with solid earnings, despite inflation, and shared plans for greater spending on recycling and renewable energy, which they expect to have better returns than solid waste acquisitions.
By Cole Rosengren • Feb. 2, 2022 -
Miravision via Getty Images
Waste industry M&A spree shows no sign of slowing in 2022, prompting exit of longtime operators
Pandemic exhaustion, labor strain, capital costs and high valuations are among the factors companies give for selling. Now, the dealmaking activity is beginning to rival historic levels of spending and consolidation.
By Cole Rosengren • Jan. 27, 2022 -
Retrieved from New Bedford Recycling on January 20, 2022
Waste Connections poised to grow New England footprint with another sizable acquisition
The pending sale of ABC Disposal Service and its affiliated operations would come with substantial new hauling, transfer and MRF capacity in the southeastern Massachusetts and Rhode Island markets.
By Cole Rosengren • Jan. 20, 2022 -
Permission granted by Atlas Organics/Generate
Atlas Organics, with new Generate Capital backing, aims to become one of sector's largest recyclers
Atlas CEO Joseph McMillin and Generate's Bill Caesar see substantial room for expansion, with at least $200 million worth of projects envisioned. Atlas also recently announced a new round of Florida acquisitions.
By Cole Rosengren • Jan. 18, 2022 -
Chuyn via Getty Images
Deep Dive8 questions about the top trends shaping waste and recycling in 2022
Waste Dive is watching how much longer heightened M&A activity lasts, what it will take to maintain the workforce in a tough market, where organics infrastructure is growing, what's next for recycling and more.
By Cole Rosengren , Megan Quinn , Maria Rachal • Jan. 13, 2022 -
Spencer Platt via Getty Images
With $45M Closed Loop deal, Sims Municipal Recycling to expand and compete for more contracts
The recent sale of a stake in the Australian scrap giant's U.S. curbside recycling division is called a "game-changer" as the company aims to pursue more municipal contracts and make new products from the recycled material.
By Cole Rosengren • Updated March 2, 2022 -
photovs via Getty Images
By the numbers: 2021's waste and recycling trends
Take a look back through the key data points that shaped the conversations around some of the top issues — M&A, ESG, policy and workforce challenges — in an eventful year.
By Cole Rosengren , Megan Quinn , Maria Rachal • Dec. 23, 2021
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