The early part of 2010 has been a busy time indeed for the nation's largest hauling firm. Houston-based Waste Management (WM) recently completed the purchases of firms in Ohio and Milwaukee, and of three material recovery facilities (MRFs) in Texas.
In Ohio, WM acquired Metro Waste Disposal, which primarily serves commercial customers in Cleveland, Akron and Canton. Terms of the transaction were not disclosed. “It's a privilege for Waste Management to join with Metro Disposal to create an expanded service-oriented company, capable of meeting the growing needs of customers in northeastern Ohio,” said Denise Gretz, Waste Management area vice president, in a press release.
Customers will continue to see trucks from both companies while the Metro Disposal trucks are rebranded with Waste Management signage.
WM also purchased Milwaukee-based City Wide Recycling. Terms of the transaction were not disclosed. According to WM's announcement of the transaction, “City Wide Recycling developed southeastern Wisconsin's largest, and only automated, processing facility for recyclable wastes collected at construction and demolition job sites.”
Finally, Montreal-based AbitibiBowater sold three MRFs to Waste Management Recycle America for $12 million. The MRFs are located in Arlington, Texas; Houston; and San Antonio.