Date: January 26, 2011
Source: Veolia ES Solid Waste, Inc.
Veolia ES Solid Waste (Milwaukee, WI) has bought a small hauler -- Milo Sanitation of Valdosta, GA -- which brings with it 4,000 residential and 60 commercial accounts. The move is accretive as Veolia will direct all waste collected from its new customers to its Evergreen landfill in that market. "The acquisition of these assets is consistent with our strategy to expand our operations in the southern Georgia region and we were pleased to offer existing Milo Sanitation employees the opportunity to become part of Veolia," said Jim Long, president and CEO of Veolia ES Solid Waste. Details of the transaction were not disclosed.
PRESS RELEASE
Veolia ES Solid Waste, Inc. Announces Acquisition of Sanitation Company in Georgia
Veolia ES Solid Waste, Inc. today announced it has acquired all the business assets of Milo Sanitation, based in Valdosta, Ga. The acquisition will expand Veolias hauling operations in Valdosta, adding 4,000 residential customers and 60 commercial accounts to the existing system.
All drivers and other employees of Milo Sanitation have been offered positions as part of the acquisition negotiations. The waste collected will be internalized at the Veolia ES Evergreen Landfill in Valdosta, Ga.
The acquisition of these assets is consistent with our strategy to expand our operations in the southern Georgia region and we were pleased to offer existing Milo Sanitation employees the opportunity to become a part of Veolia, said Jim Long, President and CEO of Veolia ES Solid Waste.
Details of the transaction were not disclosed.
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 76 collection facilities and 30 solid waste sanitary landfill facilities in North America and is headquartered in Milwaukee. 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.
VEOLIA ENVIRONMENTAL SERVICES NORTH AMERICA CORP.
Based in Chicago, Veolia Environmental Services North America Corp. is the leading provider of fully integrated waste, environmental and industrial cleaning solutions to residential, municipal, commercial and industrial customers across the US, Canada and the Caribbean. The company is part of the Veolia Environnement (VE) companies in North America, with 30,000 North American employees providing sustainable environmental solutions in water management, waste services, energy management, and passenger transportation.
The Veolia Environmental Services group is the largest waste services company in the world and 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. Its parent company, Veolia Environnement (NYSE: VE and Paris Euronext: VIE), is the worldwide reference in environmental services. With more than 313,000 employees in 74 countries, Veolia Environnement recorded annual revenues of almost $50 billion in 2009. Visit the company's Web sites at www.veolia.com and VeoliaES.com.
Veolia Environmental Services North America
Denisse Ike, 312-552-2800
Denisse.ike@veoliaes.com.
or
On Ideas
Denise Graham, 904-354-2600
denisegraham@onideas.com.
Source: Veolia Environmental Services North America
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