Veolia ES Solid Waste, Inc. has announced it has acquired certain assets in Kentucky from Republic Services, Inc. being divested as a result of Republic’s recent merger with Allied Waste Industries, Inc. These newly acquired assets will provide additional incremental volumes at existing Veolia ES Solid Waste landfills in Kentucky and are expected to generate approximately $2.2 million in annual revenue.
The assets consist of five commercial collection routes in and around Lexington, KY. The waste collected will be internalized at the Veolia ES Morehead Landfill in Rowan County, KY.
“The acquisition of these assets is consistent with our strategic plan of acquiring operations that can synergize with existing collection operations and provide new disposal volume for our existing landfills,” said Jim Long, President and CEO of Veolia ES Solid Waste.
Details of the transaction were not disclosed.
About Veolia ES Solid Waste, Inc.
Veolia ES Solid Waste, Inc., part of Veolia Environmental Services North America Corp., is one of the largest solid waste companies in North America, providing a full range of services to commercial, industrial and residential customers in 12 states, the Bahamas, and Canada. Veolia ES Solid Waste, Inc. operates 76 collection facilities and 30 solid waste sanitary landfill facilities in North America and is headquartered in Milwaukee, WI. By working in partnership with communities, we aim to preserve valuable resources and extend landfill capacity by focusing on waste reduction, curbside collection, sorting and the processing and marketing of recyclables.
About Veolia Environmental Services North America Corp.
Veolia Environmental Services North America Corp., headquartered in Chicago, IL, offers fully integrated environmental solutions to virtually all industrial, commercial, municipal and residential sectors. It is part of the Veolia Environmental Services (VES) group, the only global manager of liquid, solid, non-hazardous and hazardous waste; on-site waste processing, industrial cleaning and process maintenance; and recycling, recovery and disposal for both the public and private sectors. VES is the largest waste services company in the world. It has over 100,000 employees in 42 countries and posted revenues of $14.1 billion in 2008. Veolia Environnement (NYSE:VE), the parent of VES, with operations in water, waste, energy and transportation management, has more than 336,000 employees in 72 countries and recorded revenues of $50.4 billion in 2008.
For more information, visit www.VeoliaES.com