By the numbers: Key 2023 waste and recycling trends
Dec 22, 2023 · 100+. The number of transactions involving U.S. solid waste companies tracked by Waste Dive so far in 2023, during a year which saw activity decline slightly relative to prior boom years. $2.99B. Estimated M&A spending by the industry’s top five publicly traded companies through Q3, led by Republic Services.
GFL has no plans to go private, plans auction of ... - Waste Dive
Aug 1, 2024 · Dovigi remained chairman of GIP, which is private. During that reorganization, GFL combined its existing soil remediation business and liquid waste business to become the current environmental services division. That business segment does about 80% of its business in Canada and 20% in the United States, Dovigi said on the earnings call Thursday.
The waste and recycling industry outlook for 2024
Published Jan. 29, 2024. By Waste Dive Staff. WendellandCarolyn via Getty Images. 2024 is gearing up to be another consequential year for the waste and recycling industry, following a challenging stretch coming out of the pandemic. While industry operations could be on track for a period of relative normalcy as inflation moderates and labor ...
Covanta announces rebrand to Reworld | Waste Dive
Apr 16, 2024 · In 2021, Mohammed became CEO of what was then Covanta, following the EQT deal. The $5.3 billion sale was contingent on several sustainability growth metrics, including a 25% increase by 2025 in waste recycled or reused. The company was the largest operator of mass-burn combustion facilities in the U.S. at the time of the sale, and it has grown since then.
Solid Waste & Recycling News | Waste Dive
Oct 25, 2024 · GFL forecasts at least $4.3B from environmental services sale, announces new COO. WM completes $7.2B Stericycle deal, takes leading position in medical waste market. Deep Dive. Biosolids and PFAS questions are rippling to other states after Maine’s land application ban. Polypropylene coalition reports improved recycling rates and access, but ...
Tracking the waste and recycling industry’s M&A activity
Nov 23, 2021 · The waste and recycling industry’s M&A activity has neared historic levels in recent years. Collective M&A spending by the U.S. solid waste industry’s publicly traded companies approached an estimated $4.2 billion in 2023 and $6.3 billion in 2022. This total does not include deals involving companies with private equity or infrastructure ...
Republic Services purchases ACV Enviro for environmental services ...
Sep 2, 2021 · Dive Insight: Republic executives have foreshadowed their planned environmental services expansion for months during earnings calls and investor events, and this deal is a sizable step in that direction. "These are businesses or service lines that we've been in for long periods of time in very incremental ways," said CEO Jon Vander Ark …
GFL Environmental selling Detroit-area residential ...
May 31, 2024 · GFL Environmental is selling 73 municipal collection contracts in southeastern Michigan to Priority Waste, according to reporting from local news station WWJ. Priority CEO Todd Stamper told WWJ the deal includes an estimated 500 trucks and 800 employees.
What is recycling, anyway? - Waste Dive
Nov 15, 2023 · Institute of Scrap Recycling Industries: “Recycling is the series of activities during which obsolete, previously used, off-specification, surplus, or incidentally produced materials are processed into specification-grade commodities, and consumed as raw material feedstock, in lieu of virgin materials, in the manufacture of new products.
Casella Waste completes $525M acquisition of GFL ...
Jul 5, 2023 · It also marks the final step in GFL’s divestiture plan. Casella Waste Systems finalized the purchase of assets from GFL Environmental in Delaware, Maryland and Pennsylvania on Friday. The previously announced deal was valued at approximately $525 million. The package includes nine hauling operations, one transfer station and one MRF.