Mergers and Acquisitions: Page 11
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WCN 2022 earnings
Waste Connections touts $175M in Q1 acquisitions, 'robust pipeline' for 2022
The company discussed a strong start to the year due in part to solid waste pricing and revenues from its resource recovery sector, but inflation and labor challenges remain.
By Megan Quinn • May 4, 2022 -
Clean Harbors Q1 boosted by HydroChem PSC deal, growing environmental services demand
Executives touted plans for an upcoming Nebraska incinerator and are optimistic about gaining further ground in a market that has become more consolidated following Republic's purchase of US Ecology.
By Cole Rosengren • May 4, 2022 -
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 -
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 -
CWST 2022 earnings
Casella 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 -
WM 2022 earnings
WM 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 -
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 -
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 -
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 -
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 -
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 -
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 -
Q&A
Republic 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 -
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 -
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 -
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 -
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 -
Q&A
10 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 -
WM 2021 earnings
Waste 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 -
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 -
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 -
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 -
Deep Dive
8 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