GlobeNewsWire reported the agreement on Monday.
The agreement between the two companies includes the acquisition of Mountain State Waste assets, such as “multiple hauling operations and a transfer station,” the report said
The acquisition of the business is expected to provide Casella with an expansion into the West Virginia market and generate around $30 million of annualized revenues.
“We are looking forward to welcoming the Mountain State Waste team and their customers to Casella,” said John W. Casella, Chairman and CEO of Casella. “This acquisition aligns well with our strategy of disciplined growth, expanding our geographic footprint into adjacent markets with attractive characteristics. Mountain State Waste has excelled operating in the franchise markets of West Virginia and has built a strong reputation for reliable service and community engagement, and we look forward to building on that legacy.”
The transaction is awaiting regulatory approvals and is expected to to go into affect in the fourth quarter.
Today's links Ada Palmer's "Inventing the Renaissance": A tour-de-force, a magnum opus, a work of…
Future The People Do Not Yearn for AutomationNilay Patel | The Verge “Not everything about…
The global energy industry has long depended on seismic data to locate oil and gas…
Artificial intelligence is quietly transforming every corner of modern industry. From predictive maintenance in heavy…
Additive manufacturing has always lived in a bit of a gray area. Some see it…
The global energy industry has long depended on seismic data to locate oil and gas…
This website uses cookies.