Date: May 9, 2011
Source: Veolia ES Solid Waste, Inc.
Veolia ES Solid Waste, Inc. (Milwaukee, WI) said it acquired three waste collection firms in Pennsylvania, Alabama and Illinois. All three acquisitions are said to be "tuck-ins" as they dovetail with existing company markets and the volumes of waste collected can be internalized into existing Veolia landfills. Financial details of the acquisitions were not disclosed. The three companies are JC Sanitation, LLC of McClellandtown, PA, Treesmith, Inc. of Tuscaloosa, AL, and Suburban Disposal and Recycling, Inc. of Warrensburg, IL. "These acquisitions align with our strategy of purchasing assets of smaller, independent waste companies in order to expand Veolia's existing operations within these integrated markets," says Jim Long, president and CEO of Veolia ES Solid Waste, Inc.
PRESS RELEASE
May 9, 2011
Veolia ES Solid Waste Announces Three Acquisitions
Assets, operations will tuck-in to existing service areas
Veolia ES Solid Waste, Inc. today announced it has acquired the assets of three solid waste collection companies: JC Sanitation, LLC of McClellandtown, PA; Treesmith, Inc. of Tuscaloosa, Ala. and Suburban Disposal and Recycling, Inc. of Warrensburg, Ill. All of the acquisitions are tuck-ins and will be blended in with existing Veolia operations.
"These acquisitions align with our strategy of purchasing assets of smaller, independent waste companies in order to expand Veolia's existing operations within these integrated markets," said Jim Long, president and CEO of Veolia ES Solid Waste, Inc. "We are pleased to have all three of these businesses become a part of our company."
The acquisition of JC Sanitation, LLC includes four residential and commercial routes and one roll-off route, which will be tucked into existing operations at Veolia's McClellandtown facility. Volumes from these routes will be internalized at the Veolia ES Chestnut Valley Landfill in McClellandtown, PA. JC Sanitation owner Jim Collins will transition to Operations Manager and his drivers have been offered employment with Veolia ES Solid Waste of PA, Inc.
Assets from Treesmith, Inc. include two roll-off trucks and containers and will tuck-in to Veolia's Tuscaloosa, Ala. operation. Veolia will take over the company's existing customer routes and will internalize the collected construction and demolition waste at the Veolia ES Eagle Bluff Landfill in Tuscaloosa, Ala.
Suburban Disposal and Recycling, Inc., which includes residential and commercial customers across Decatur, Forsyth and Warrensburg, Ill., will be tucked into Veolia's Decatur operations. Assets acquired include customer lists and contracts, vehicles, containers and residential carts. Waste collected will continue to be taken to the Veolia ES Valley View Landfill in Decatur, Ill.
Details of the acquisitions were not disclosed.
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 29 solid waste sanitary landfill facilities in North America. By working in partnership with communities, the company aims 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.
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 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 one of the largest waste services companies 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 317,000 employees in 74 countries, Veolia Environnement recorded annual revenues of over $46 billion in 2010. Visit the company's Web sites at www.veolia.com and www.VeoliaES.com.
For more information, contact:
Denisse Ike, Veolia Environmental Services North America
Tel: 312 552 2882
Denisse.ike@veoliaes.com.
Denise Graham, On Ideas
Tel: 904 354 2600
denisegraham@onideas.com.
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