Date: January 10, 2008
Source: Veolia ES Solid Waste, Inc.
VEOLIA ENVIRONMENTAL SERVICES ANNOUNCES ACQUISITION OF SANDMAN, INC.
Acquisition provides complementary services to existing Veolia activities
Veolia ES Solid Waste, Inc. today announced it has acquired Sandman, Inc. and The Sandman of Georgia, LLC, which operate front load and roll-off solid waste collection and portable toilet services for commercial businesses in Columbus, Georgia; and Auburn, Opelika and Eufaula, Alabama.
Sandman's operations will tuck into Veolia's recently acquired operations in Columbus, Georgia. Veolia will begin servicing the Sandman customer routes and internalize the collected waste into the Veolia Taylor County Landfill in Mauk, Georgia.
"This acquisition expands our customer base within one of our key vertically integrated markets, thereby enabling us to extend the Veolia Environmental Services brand of exceptional solid waste services across an increasing customer base," said Richard Burke, president and CEO of Veolia ES Solid Waste, Inc.
Burke added, "This tuck-in acquisition is in line with our strategy of purchasing well-run hauling companies within existing integrated markets. We are pleased to add this fine business to our Veolia family of companies."
Details of the acquisitions were not disclosed.
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ABOUT VEOLIA ES SOLID WASTE, INC.
Veolia ES Solid Waste, Inc., part of Veolia Environmental Services North America Corp., is one of the largest solid waste companies in North America, providing a full range of services to commercial, industrial and residential customers in 12 states, the Bahamas, and Canada. Veolia ES Solid Waste, Inc. operates 72 collection facilities and 32 solid waste sanitary landfill facilities in the United States. By working in partnership with communities, we aim to preserve valuable resources and extend landfill capacity by focusing on waste reduction, curbside collection, sorting and the processing and marketing of recyclables.
ABOUT VEOLIA ENVIRONMENTAL SERVICES NORTH AMERICA CORP.
Veolia Environmental Services North America Corp., headquartered in Lombard, IL, offers fully integrated environmental solutions to virtually all industrial, commercial, municipal and residential sectors. It is part of the Veolia Environmental Services (VES) group, the only global manager of liquid, solid, non-hazardous and hazardous waste; on-site waste processing, industrial cleaning and process maintenance; and recycling, recovery and disposal for both the public and private sectors. VES has over 80,000 employees in 33 countries and posted revenues of $9.8 billion in 2006. Veolia Environnement (NYSE:VE), the parent of VES, with operations in water, waste, energy and transportation management, has more than 300,000 employees in 64 countries and recorded revenues of $37.7 billion in 2006. For more information, please visit www.VeoliaES.com.
IMPORTANT DISCLAIMER
Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This press release may contain "forward-looking statements" within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including the risks described in the documents Veolia Environnement has filed with the U.S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may obtain a free copy of documents filed by Veolia Environnement with the U.S. Securities and Exchange Commission from Veolia Environnement.
PRESS CONTACTS
Jeff Meredith, Veolia ES Solid Waste
Tel: 770 565 1983
Jeff.Meredith@veoliaes.com
Denisse Ike, Veolia Environmental Services North America
Tel: 630 218 1751
Denisse.ike@veoliaes.com
Denise Graham, On Ideas
Tel: 904 354 2600
denisegraham@onideas.com
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