TORONTO and KALKASKA, Michigan – GFL Environmental Inc. and American Waste have entered into a definitive agreement for the acquisition by GFL of American Waste’s solid and liquid waste businesses in Michigan and Pennsylvania.
The closing of the transaction is subject to customary regulatory approvals and is expected to be completed in February 2020.
Founded in 1971 as Northern A-1 by their father, Edward Ascione Sr., Michael and Edward Ascione have since grown American Waste and Northern A-1 into a vertically integrated provider of environmental solutions for solid and liquid waste customers. Michael and Edward Ascione will be joining GFL and will continue to manage the American Waste businesses.
“The strong family and entrepreneurial values that have been the key to American Waste’s success align with GFL’s core values and strategy,” said Patrick Dovigi, GFL’s founder and CEO.
“We are excited to have Mike and Eddie and all of the employees of American Waste and Northern A-1 join the GFL team.”
“Mike and I carefully chose to merge with GFL because of our similar lines of business, GFL’s down to earth senior management team and decentralized operations approach,” said Eddie Ascione.
“We are confident that the strategic fit with GFL represents a great opportunity for our company and our employees to accelerate to the next chapter of growth while maintaining the values we share with GFL reflecting our commitment to our employees, safety and our customers. Mike and I are excited to be able to continue to lead American Waste and Northern A-1 into the future with GFL.”
GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities across Canada and in 23 states in the United States.
GFL has more than 11,000 employees and provides environmental services to more than 135,000 commercial and industrial customers and its solid waste collection services to more than four million households.