Casella Waste Systems Acquires Complete Disposal in Massachusetts and Acquires a Tuck-in Collection operation in Vermont
Complete is an integrated solid waste services provider in the greater
“We have set a goal of
“As we have laid out over the last several quarters, given the continued tightening of the disposal markets across the northeast due to permanent facility closures and increased economic activity, coupled with changes in the recycling markets, we believe that we have an excellent opportunity to acquire select assets across our market areas,” Casella said. “We expect that investing a portion of our excess cash flows to grow our business will create additional shareholder returns through higher cash flow growth rates driven by new revenue streams, internalization to our disposal facilities and cost synergies.”
“The Complete team has built an exceptional solid waste company that is well regarded by its customers,” Casella said. “In addition, this acquisition is a great strategic fit with our operations and long-term plan. With this acquisition, we are entering a new adjacent market in
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Chief Financial Officer
Source: Casella Waste Systems, Inc.