Advanced Disposal Officially Closes Veolia Acquisition
21 November 2012 Jacksonville, Florida based waste and recycling company, Advanced Disposal Services, has officially closed the acquisition of Veolia Environmental Services' U.S. waste business, Veolia ES Solid Waste, Inc. According to Advanced Disposal, the $1.9 billion acquisition from Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the largest industry transaction in four years. The company added that the combined business, operating as Advanced Disposal, will be the largest privately owned environmental services company in the U.S. market, with operations in twenty states and annual revenues of approximately $1.4 billion. "A transaction of this magnitude takes time and significant efforts from all parties," commented Charlie Appleby, chairman and CEO of Advanced Disposal. Appleby welcomed Veolia's employees to the company and added that the acquisition brings nearly 2 million new customers onto Advanced Disposal's books. Read More Second Solid Waste Contract in Broward County for Sun Bergeron Davie, Florida based waste management company, Sun Bergeron has secured a five year solid waste disposal contract from its home town in Broward County. M&S to Purchase Renewable Energy from Shanks Food Waste Plant Shanks has signed a Power Purchase Agreement with UK based retailer Marks & Spencer to supply it with the total output of its anaerobic digestion plant in Cumbernauld, Glasgow. Metso to Integrate Recycling Division with Mining & Construction Process industry technology supplier, Metso is to integrate its Recycling business into its Mining and Construction division. Free Magazine Subscription Free Email Newsletter