Advanced Disposal completes acquisition of Veolia ES Solid Waste for $1.9 billion

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Advanced Disposal completes acquisition of Veolia ES Solid Waste for $1.9 billion

Greentech Lead
U.S:
Advanced Disposal Services, an integrated environmental services
company, has completed the acquisition of Veolia ES Solid Waste for
$1.9 billion transaction making it the largest industry transaction
in four years.

The combined
business, operating as Advanced Disposal, will be the largest
privately owned environmental services company in the United States
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. I am extremely grateful to the teams from both Advanced
Disposal and Veolia who contributed countless hours to make this
strategic combination a reality,” said Charlie Appleby, chairman
and CEO of Advanced Disposal.

On the eve
of Thanksgiving, I count many blessings. First and foremost, I extend
the warmest of welcomes to our newest employees and team members of
Advanced Disposal and thank them for their enthusiasm and dedication
to a clean environment and our “Service First. Safety Always.”
focus,” Appleby continued.

The acquisition
will benefit close to two million new and existing Advanced Disposal
customers, Appleby said. “Advanced Disposal will be the most
trusted provider of environmental services in the United States.”

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