Mergers and Acquisitions: Page 15


  • President Biden, Biden, executive order, climate
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    Retrieved from The White House/YouTube on January 29, 2021
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    Biden antitrust push faces steep road

    Although the president and congressional majority are aligned on increasing competition in certain sectors, it's not clear agencies will bring much firepower to the effort.

    By Robert Freedman • July 12, 2021
  • Republic Services truck driving outside of WasteExpo 2021 in Las Vegas, Nevada
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    Cole Rosengren/Waste Dive
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    Waste CEOs emphasize labor, ESG and M&A as top priorities after pandemic

    Leaders from Waste Management, Republic Services, Waste Connections, GFL Environmental and other groups weighed in on labor solutions, fleet technology and the economy at WasteExpo.

    By July 6, 2021
  • Waste Management trucks passing each other in Somerville, Massachusetts
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    Cole Rosengren/Waste Dive
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    Q1 earnings: Waste companies putting pandemic behind them, anticipate more economic rebound coming

    Outside of Canada, the majority of local economies have reopened and volumes are bouncing back. Catch up on results and takeaways on the first quarter of 2021 from the industry's largest solid waste operators.

    By Waste Dive Team • May 10, 2021
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    Spencer Platt via Getty Images
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    Solid waste companies talk disposal pricing, ESG and Biden in Q1 earnings outlooks

    Waste Management, Republic Services, Waste Connections, GFL Environmental, Covanta and Casella Waste Systems leaders commented on pandemic recovery trends and other pressing topics.

    By May 10, 2021
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    GFL 2021 earnings

    GFL Environmental reports positive volume outlook despite Canadian lag, closes 10 acquisitions

    While Canada's pandemic restrictions continue to affect GFL's business, U.S. recovery trends and past acquisitions are providing a boost. Ample M&A opportunity remains due in part to potential tax changes, the company said.

    By May 6, 2021
  • Republic Services residential collection truck
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    Courtesy of Republic Services
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    RSG 2021 earnings

    Republic ups guidance as Santek acquisition is finalized, CEO handoff on horizon

    Even after a long approval process for the just-closed Santek purchase the company is "not deterred" from pursuing larger M&A deals and intends to invest $600 million in acquisitions this year, said incoming CEO Jon Vander Ark.

    By May 6, 2021
  • Covanta waste-to-energy plant in Dublin, Ireland
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    The image by David Dizon is licensed under CC BY-SA 2.0
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    Covanta intends to close multiple plants in coming years, divestitures still possible

    Through its strategic review, the company anticipates $30 million in annual cost savings by 2023 and plans to exit certain operating contracts. Meanwhile, a new U.K. plant will begin receiving waste within weeks.

    By April 30, 2021
  • Waste Connections truck in New York
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    The image by Eden, Janine and Jim is licensed under CC BY 2.0
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    WCN 2021 earnings

    Waste Connections Q1: Landfill volumes 'above pre-COVID levels'

    Amid pandemic recovery, in March the company had its largest hiring levels since September 2019. It reported better commodity pricing and solid waste volumes even in regions hit hardest by COVID-19.

    By April 29, 2021
  • Waste Management CNG fueling station
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    Courtesy of Waste Management
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    WM 2021 earnings

    Waste Management raises guidance as pandemic recovery accelerates, predicts possible labor headwind

    Pricing and the Advanced Disposal acquisition were key first quarter boosts. Executives also announced a new chief sustainability officer and weighed in on the Biden administration's infrastructure proposal.

    By April 27, 2021
  • Republic Services collection truck
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    Courtesy of Republic Services
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    Republic closes acquisition of Santek, following DOJ divestiture agreement

    A settlement includes collection and disposal assets in four Southeast states going to portfolio companies of Kinderhook Industries and Texas routes going to Waste Connections.

    By Updated May 5, 2021
  • WIN Waste Innovations CEO Bob Boucher in truck
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    Permission granted by WIN Waste Innovations
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    Wheelabrator debuts WIN Waste Innovations brand following Tunnel Hill acquisition

    The newly combined operations of 10 companies will have an estimated $1 billion annual revenue run rate. Following a recapitalization, CEO Bob Boucher said more M&A is planned and an IPO or sale could happen in the future.

    By Updated April 6, 2021
  • GFL Environmental truck at transfer station in Toronto
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    The image by Sikander is licensed under CC BY-SA 4.0
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    GFL Environmental closes Terrapure acquisition, including key Toronto-area industrial landfill

    The C$927.5 million deal, which GFL pursued for many years, will further solidify the company's presence throughout Canada.

    By Updated Aug. 17, 2021
  • Thaddeus Kosciusko Bridge in upstate New York
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    The image by Craig Moe is licensed under CC BY 2.0
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    Waste Connections pursues escalating New York legal fight in face of stiff competition

    Subsidiary County Waste sued former owner Scott Earl over alleged unfair practices and issues related to the rise of his new company, Twin Bridges. The two are battling over prices and acquisition targets around the Capital Region.

    By March 2, 2021
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    E.A. Crunden
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    2020 earnings coverage for US waste and recycling companies

    Catch up on Waste Dive's quarterly analysis of results from Waste Management, Republic Services, Waste Connections, GFL Environmental, Covanta and Casella Waste Systems during 2020.

    By Waste Dive Team • Feb. 24, 2021
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    2020 earnings coverage: GFL Environmental

    In its first year as a public company, starting right as the pandemic unfolded, GFL completed multiple major transactions and is on track for ongoing rapid growth.

    By Waste Dive Team • Feb. 24, 2021
  • Casella collection truck
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    Courtesy of Casella Waste Systems
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    2020 earnings coverage: Casella Waste Systems

    This key Northeast company continued growing its dominant presence in the market amid the pandemic, with plans to further expand multiple key landfill assets.

    By Waste Dive Team • Feb. 24, 2021
  • Covanta waste-to-energy plant in Dublin, Ireland
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    The image by David Dizon is licensed under CC BY-SA 2.0
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    2020 earnings coverage: Covanta

    The industry's largest incinerator operator was affected by the pandemic like many others and later initiated a strategic review that could bring notable changes to its future.

    By Waste Dive Team • Feb. 24, 2021
  • Waste Connections truck in New York
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    The image by Eden, Janine and Jim is licensed under CC BY 2.0
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    2020 earnings coverage: Waste Connections

    The industry's third-largest company continued to expand through M&A, responded to the coronavirus pandemic and committed to $500 million in ESG spending.

    By Waste Dive Team • Feb. 24, 2021
  • Republic Services collection truck driving
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    Courtesy of Republic Services
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    2020 earnings coverage: Republic Services

    The industry's second-largest player adapted to the pandemic, completed a busy year of M&A and pushed ahead on fleet electrification plans.

    By Waste Dive Team • Feb. 24, 2021
  • Waste Management trucks passing each other in Somerville, Massachusetts
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    Cole Rosengren/Waste Dive
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    2020 earnings coverage: Waste Management

    The North American industry's largest company weathered the pandemic, announced new ESG plans and completed the major acquisition of Advanced Disposal Services.

    By Waste Dive Team • Feb. 24, 2021
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
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    GFL Environmental plans another 'outsized' M&A year, outlines growth through 2023

    After a year of significant expansion, the Canadian company is working on another large deal, numerous tuck-ins and potential divestitures. Plus, it's optimistic about benefits in a post-pandemic economy.

    By Feb. 23, 2021
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    Cole Rosengren
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    Republic Services reiterates all in on electrification over CNG, Santek close nearing

    The second-largest North American waste operator expects economic recovery to continue in 2021, with bullish plans for M&A.

    By Feb. 23, 2021
  • Solid waste companies emerge resilient from Q4, with some lingering pandemic effects

    Earnings from the industry's publicly traded solid waste companies show the sector has largely rebounded, but is still affected by a slow economic recovery.

    By Waste Dive Team • Updated Feb. 23, 2021
  • Casella collection truck
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    Courtesy of Casella Waste Systems
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    Casella moving ahead with multiple Northeast landfill expansions as capacity tightens

    With a Connecticut facility expected to close in 2022, and other factors in play, Casella hopes to activate its McKean Landfill in Pennsylvania as a new destination. Expansions are also underway in New York and Vermont.

    By Feb. 19, 2021
  • Mechanical claw hovering over pile of trash in industrial facility
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    Permission granted by Covanta
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    Covanta exploring multiple potential divestitures, sees UK as 'primary growth avenue'

    A strategic review led by Covanta's new CEO will be completed mid-year, as the company prepares to shop assets and consider cost reductions. Four of its upcoming U.K. projects are expected to be increasingly profitable.

    By Feb. 19, 2021