Covanta Environmental Solutions, the Morristown, N.J.-based environmental services provider, has announced its recent acquisition of Quantex Environmental Inc., a private company based in Kitchner, Ontario, Canada.
This marks the second Canadian acquisition for Covanta in recent months, as the company moves to expand its presence and offerings in the Canadian market.
“Quantex and Sorinco were leaders in their space, recognized for service dependability and innovative solutions—exactly the type of companies that complement our strategy and allow us to grow in an important market,” commented Paul Stauder, president of Covanta Environmental Solutions, in a statement. “Now, as part of Covanta Environmental Solutions, these entities will have the ability to provide our customers with an even more robust and comprehensive menu of the latest in sustainable materials management and environmental services, with the same or better level of service they have come to expect.”
Covanta has expanded its number of material processing and recycling facilities in the U.S. and Canada to 17 with this acquisition.