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Acquisitions, Mergers & Partnerships

  • Fenix acquires Ocean County Auto Wreckers

    Fenix Parts, Inc., a recycler and reseller of original equipment manufacturer automotive products, has acquired Ocean County Auto Wreckers, Inc. in Bayville, New Jersey.
    Ocean County is a full service auto recycling facility and represents Fenix Parts’ second location in New Jersey.

    Published in the October 2015 Edition of American Recycler News

  • Timken to acquire Carlstar Belts Business

    The Timken Company has reached an agreement with American Industrial Partners to acquire the Carlstar Belts Business, a North American manufacturer of belts used in industrial, commercial and consumer applications including Carlisle, Ultimax and Panther, among others. The transaction is expected to be accretive over the balance of 2015. For the 12 months ending June 30, 2015, Carlstar Belts sales were approximately $140 million.

    The transaction, expected to close in the third quarter of 2015, is subject to customary government and regulatory approvals and will be funded with a combination of cash and debt.

  • Waste Pro acquires three different haulers

    Waste Pro has acquired Waste Away Services, LLC, a full service hauling company serving approximately 1,850 customers in Elberton, Georgia. The operations will become part of Waste Pro’s existing Athens, Georgia location adding both staff and equipment.

    Waste Away Services is one of three residential and commercial waste service and disposal companies acquired by Waste Pro in the past three months.

    In April, Waste Pro acquired Henson Waste Disposal, adding the service operations into their Asheville, North Carolina division.

    The third acquisition occurred in May, when Waste Pro acquired Liberty Waste Services. Liberty Waste is tucked in with the Waste Pro Charlotte, North Carolina regional operations.

    Published in the September 2015 Edition of American Recycler News

  • New solar power plant being constructed in Japan

    Kyocera Corporation, Gaia Power, Kyudenko Corporation, and Century Tokyo Leasing Corporation disclosed that the companies have made a joint investment in Kanoya Osaki Solar Hills LLC, a solar power operating company, to construct and operate a 92 megawatt (MW) solar power plant.

  • Sunnking Inc. acquires Coast 2 Coast Electronics Recycling

    Brockport, New York based Sunnking Incorporated has recently acquired Coast 2 Coast Electronics Recyclers of Erie Boulevard West in Syracuse, New York. Sunnking has been a leader in the electronics recycling industry since the company’s founding in 2000. R2 and Rios Certified, the EPA Quality Award winning company of 2013 now has a brick and mortar presence in the City of Syracuse to better serve the Central New York market and beyond.

    Coast 2 Coast has served the Syracuse community for many years providing pick up, data destruction and recycling of electronics.

    Sunnking is ready to build on the solid foundation Coast 2 Coast has established in the Syracuse market and beyond.

    Published in the July 2015 Edition of American Recycler News

  • Verizon partners to recycle

    In 2010, Verizon set a goal to collect 2 million pounds – or 1,000 tons – of electronic waste in communities it serves by the end of 2015.

  • Metalico agrees to sale to Total Merchant Ltd.

    The board of directors of Metalico, Inc., an operator of scrap metal recycling facilities primarily in the eastern Great Lakes corridor, has agreed to sell the company to Total Merchant Limited for total consideration of approximately $105 million.

  • Metallix’s precious metals expands

    Metallix Refining Inc. has acquired a new precious metals recycling facility from Umicore.

  • Recycled playground challenge launched

    TerraCycle is returning its Recycled Playground Challenge – an initiative in partnership with Colgate-Palmolive and ShopRite – to help encourage oral hygiene and sustainability among school children and consumers.

  • Blue Sphere closes on joint venture for biogas generation facility in Rhode Island

    Blue Sphere Corporation has closed on a joint venture with an affiliate of York Capital Management to develop, construct and operate a 3.2 MW biogas generation facility in Johnston, Rhode Island under the management of Entropy Investment Management.

  • Partnership with credit unions set record auto loans

    Enterprise Car Sales is a service of Enterprise Rent-A-Car, a rental car company in North America, and specializes in working with credit unions of all sizes to increase auto loans.

  • Signature Group Holdings closes GRSA acquisition

    Signature Group Holdings, Inc. has completed the acquisition of the Global Recycling and Specification Alloys (GRSA) business of Aleris Corporation for $525 million.

  • Alcoa signs agreement to acquire RTI International Metals

    Alcoa has signed a definitive agreement to acquire RTI International Metals, Inc., a global supplier of titanium and specialty metal products and services for the commercial aerospace, defense, energy and medical device markets.

  • Metalico acquisition proposed

    Adam Weitsman of Upstate Shredding, LLC, a privately owned scrap metal processor and recycling center, has submitted a written proposal to the chairman, president and chief executive officer of Metalico, Inc. (MEA) to acquire all of the outstanding shares of MEA for $0.78 per share in cash.

  • Novelis and Henkel partner on advanced bonding for high-volume aluminum vehicles

    Novelis and Henkel Adhesive Technologies signed a long-term agreement to collaborate on the development of advanced bonding technologies for the use of aluminum in high-volume vehicles.

  • Partnerships created to benefit electronics recycling

    Michigan based 3S International, an electronics and lamp (light bulb) processor, said that it has formed strategic partnerships with regional and national recycling companies including IMS Electronics, Kuusakoski Recycling and Valley City Electronic Recycling as part of its growth plan.

  • PHG Energy acquires Florida waste-to-energy facility

    PHG Energy of Nashville has acquired multiple intellectual property assets and a municipal gasification plant in the bankruptcy of Florida based MaxWest Environmental Systems, Inc.

  • Newalta completes sale of industrial division

    Newalta Corporation has completed the sale of its industrial division to Revolution Acquisition LP, a Birch Hill Equity Partners company, for cash proceeds of $300 million plus the assumption of certain decommissioning liabilities. Proceeds from the sale will immediately be used to pay down Newalta’s debt and to support the 2015 capital program.

    The industrial division became a stand-alone entity, under the new name Terrapure Environmental. The company has 900 employees and includes a head office in Burlington, Ontario, and over 35 locations across Canada. Terrapure will continue to serve customers in various industry sectors from coast to coast. Former Newalta senior vice president Todd Moser will now lead Terrapure as president and chief executive officer.

    Published in the April 2015 Edition of American Recycler News

  • Kodiak Manufacturing acquired by Paladin

    Paladin Attachments has acquired Kodiak Manufacturing, Inc.

    Founded in 1996 and headquartered in Charleston, Tennessee, Kodiak is a manufacturer of agricultural implements including rotary cutters, soil and gravel movers, tillers and additional tractor implements. The move supports Paladin’s continued product diversification objectives and improves its presence in the agricultural market sector. Similarly, it provides Kodiak with a solid platform for continued growth through increased capacity and market support which enhances the value of the brand to its customer base.

    Published in the April 2015 Edition of American Recycler News

  • Shanghai Pret Composites acquires Wellman Plastics

    Shanghai Pret Composites Co. Ltd., a Chinese company, is acquiring Wellman Plastics Recycling LLC (WRC) of Johnsonville, South Carolina, in an all cash deal.

  • Veolia and IBM enter partnership to transform management services for cities

    IBM and Veolia have entered into a partnership to provide new solutions that integrate digital technologies into urban services to improve the efficiency of municipal systems around the world – a partnership which opens up new possibilities for smart cities.

  • Timken acquires Revolvo Ltd.

    The Timken Company has reached agreement with ERIKS NV to acquire the assets of Revolvo Ltd., a specialty bearing company based in Dudley, U.K. Revolvo makes and markets ball and roller bearings for industrial applications in process and heavy industries. The company’s split roller bearing housed units are widely used by mining, power generation, food and beverage, pulp and paper, metals, cement, marine and waste-water end users. In 2013, Revolvo posted sales of approximately $8.3 million.

    Published in the January 2015 Edition of American Recycler News

  • Tarkett partners to expand its recycling program

    Tarkett, a flooring and sports surface solutions company, has partnered with E.J. Welch Company, Inc. as their newest consolidator for their ReStart™ Recycling and Reclamation Program. E.J. Welch will serve Illinois, Northwest Indiana, Southeast Wisconsin and Eastern Missouri, helping to make it easier for contractors and other members of a design/build team to return installation waste material, ultimately lessening the overall impact on the environment.

    E.J. Welch joins a growing group of North American distributors who have shown their commitment to recycling and reuse by becoming a consolidator and helping to facilitate the ReStart program.

    Tarkett focuses on end of use rather than end of life and aims to transform waste into resources for new products of equal or better quality. The company’s ReStart Recycling and Reclamation Program allows commercial flooring job scrap (rubber, vinyl and linoleum tile and sheet, wall base, floor finishing accessories and tread-cuttings) to be collected and returned to Tarkett to be repurposed or recycled.

    Published in the January 2015 Edition of American Recycler News

  • SGH to acquire large independent aluminum recycler

    Signature Group Holdings, Inc. (SGH) has entered into a definitive stock purchase agreement to acquire the Global Recycling and Specification Alloys (GRSA) business of privately-held Aleris Corporation (Aleris) for $525 million.

  • Novolex makes acquisition

    Novolex and Packaging Dynamics Corporation have entered into a definitive merger agreement whereby Novolex will acquire Packaging Dynamics.

  • Timberland and Omni United establish Timberland Tires

    Timberland is collaborating with tire manufacturer and distributor Omni United to create a co-branded line of tires under the Timberland and Radar Tires brands.

  • Advanced Disposal completes acquisition

    Advanced Disposal, an integrated environmental services company, has completed the acquisition of certain assets of Weaver’s Sanitation Services, Inc. The acquisition includes residential and commercial customers in Somerset County, Pennsylvania and containers.

    Former customers will be serviced by Advanced Disposal immediately.

    Published in the December 2014 Edition of American Recycler News

  • Heritage-Crystal Clean acquires FCC Environmental

    Hazardous waste management and used-oil re-refining company Heritage-Crystal Clean, Inc., Elgin, Illinois, has acquired FCC Environmental from Spain’s Fomento de Construcciones y Contratas S.A. for $90 million.

    FCC Environmental, a provider of environmental and used-oil collection services, operates 34 facilities in the U.S. and generated sales of approximately $160 million during its 2013 fiscal year.

    Published in the December 2014 Edition of American Recycler News

  • Tomra Systems acquires Greenbean Recycle Inc.

    Tomra Systems, ASA has entered into an agreement to acquire Greenbean Recycle Inc., a company specializing in technology for RVMs that facilitates rewards and incentives for customers and brings marketing value to retailers. The acquisition is an all-cash transaction and terms of the agreement were not disclosed.

    The rewards technology will be integrated into TOMRA’s ReAct technology platform. ReAct is a consumer engagement system designed to enhance the recycling experience, providing rewards and incentives for the consumers using RVMs to recycle their bottles and cans. Launched in Europe earlier this year, ReAct personalizes the process of recycling, and uses social media to highlight and reward top recyclers. Today, millions of consumers already use RVMs in the U.S. and Europe across dozens of retailers to recycle, earn their deposit value and feel good about recycling.

    TOMRA plans to use new and enhanced personalization technology to provide more value to its retail customers, grow organically in non-retail locations and continue to support the currently installed base in public spaces.

    The Greenbean technology facilitates a retailer’s interaction with customers: Based on a consumer’s recycling habits, the retailer can provide the customer with loyalty points or coupons, and ensure the funds will be spent in the store. When recycling through an RVM, customers have the option of adding points to their store loyalty cards or gift cards.

    Published in the November 2014 Edition of American Recycler News

  • Partnership formed by MRF and compactor company

    Stadler America LLC and Becker Complete Compactor Inc., both South Carolina based companies, formed a partnership to provide improved service in the Southeastern U.S. and beyond.

    Stadler is a manufacturer of material recycling facilities (MRF), designing, manufacturing and installing recycling systems for all kinds of waste, including: single stream, municipal solid waste (MSW), co-mingled, commercial industrial waste (C&I), plastic bottles and lightweight packaging, as well as paper and OCC.

    Columbia-based Becker Complete Compactor sells and services Marathon balers and compactors for the recycling industry. Becker has built strong relationships throughout the waste and recycling industry in South Carolina for over 20 years.

    Published in the November 2014 Edition of American Recycler News

  • Republic Services acquires Rainbow Disposal Co.

    Republic Services, Inc. disclosed the acquisition of one of Southern California’s largest independent solid waste companies, Rainbow Disposal Co., Inc. The transaction further enhances Republic’s Southern California footprint, and reinforces the company’s growth strategy to expand its operations through targeted, accretive acquisitions.

    Republic has acquired Rainbow’s state-of-the-art business and facilities, which include hauling routes in Huntington Beach, Fountain Valley, Midway City, Westminster, Orange County, Newport Beach and Irvine as well as a recycling facility, a transfer station, a compressed natural gas (CNG) refueling station, and a vehicle fleet,  powered by CNG.

    As part of the transaction, the primary principals at Rainbow, Jerry Moffatt and Jeff Snow, have joined Republic Services and will lead a newly created business unit of the company based at the Huntington Beach campus. Republic’s new business unit will continue to serve residential and commercial customers, providing waste collection, transfer, disposal, diversified material recovery/recycling and organic composting.

    Published in the November 2014 Edition of American Recycler News

  • Liebherr Construction signs agreement with RECO

    Liebherr Construction Equipment Co. disclosed that RECO Equipment, Inc., headquartered in Belmont, Ohio, acquired Republic Crane LLC with locations in Charlotte, North Carolina and Florence, Kentucky. In agreement with Liebherr, these locations will now operate under the full-line Liebherr contract selling and servicing the earthmoving and material handling product lines.

    RECO is an established Liebherr dealer representing the full product line in multiple locations in Ohio, Pennsylvania and Indiana since 1994.

    Published in the November 2014 Edition of American Recycler News

  • Wise Metals sold for $1.4 billion

    Wise Metals, a producer of aluminum can stock for the beverage industry, has been acquired by the Dutch firm Constellium for $1.4 billion.

  • KAR Auction acquires half ownership in TradeRev

    Carmel, Indiana-based KAR Auction Services, Inc., a provider of used vehicle auction services, disclosed that its business unit ADESA has acquired a 50 percent stake in Toronto-based Nth Gen Software Inc. (TradeRev) and its online vehicle remarketing system, TradeRev.

  • Liebherr renews partnership with American State

    The longest standing Liebherr dealer in the U.S., American State Equipment, has renewed its dealer agreement for the full line of Liebherr earthmoving and material handling equipment in the states of Wisconsin, Minnesota and the Upper Peninsula of Michigan and expanded territory to include the entire state of Illinois for its wholly owned subsidiary Finkbiner Equipment Company.

    American State Equipment is a family owned company operated by the third generation of the Kraut family. Established in Milwaukee in 1957, the dealership has served some of the largest cities in the Midwest for more than 50 years and has grown to be one of the most recognized equipment dealers in the region. American State Equipment operates five branches in the Midwest (Milwaukee, Wausau, Little Chute, Minneapolis/St. Paul and Duluth) and owns Finkbiner Equipment Company, a subsidiary located in Chicago, Illinois.

    Published in the October 2014 Edition of American Recycler News

  • Atlas Paper Mills acquires Accurate Paper Recycling

    Atlas Paper Mills, LLC, a portfolio company of Peak Rock Capital, an Austin, Texas based private equity firm, has acquired Accurate Paper Recycling, Inc. a supplier of paper recycling services based in Tampa, Florida.

  • Maine’s two largest utilities to develop transmission projects

    Maine’s two largest utilities have agreed to jointly develop electric transmission projects to enhance the strength and capacity of the state’s bulk power grid and improve access for new generation resources.

  • Hendrickson acquires segments of Frauenthal

    Hendrickson has acquired the leaf spring and stabilizer segments from the Austrian Frauenthal Group along with a number of their subsidiaries in Europe.

    “This acquisition of this business will enable us to broaden our footprint in Europe to better support our global spring customer base,” stated Gary Gerstenslager, president and chief executive officer Hendrickson. The transaction will close later this year.

    Published in the August 2014 Edition of American Recycler News

  • Consolidated Container buys two plastic recycling firms

    Consolidated Container Co. (CCC) has acquired sister companies Envision Plastics Industries LLC and Ecoplast Corp.

  • Recycling program begins

    The American Chemistry Council’s (ACC) Flexible Film Recycling Group (FFRG) is partnering with Dunn County Wisconsin, the Wisconsin Department of Natural Resources, Indianhead Enterprises, Inc. and Trex Company, Inc. to help promote a new film recycling initiative of the Wrap Recycling Action Program (WRAP).

  • The Newark Group to be acquired

    Caraustar Industries, Inc., a portfolio company of H.I.G. Middle Market, has entered into an agreement to acquire The Newark Group, Inc.

  • ReCommunity acquires JFD

    ReCommunity has acquired the assets of JFD Associates. The addition of JFD’s facility in Farmingdale is ReCommunity’s fifth processing operation in New Jersey. ReCommunity provides service to dozens of haulers and more than 110 communities across the Garden State.

    JFD has operated this facility for more than 10 years.

    Published in the August 2014 Edition of American Recycler News

  • Wise Recycling merges with Source Recycling

    Wise Metals Group disclosed the merger of Wise Recycling with Source Recycling. The merger will combine Wise’s five yards in Colorado, North Carolina, Florida and Virginia along with Wise’s network of feeder locations in six states with Source Recycling’s three yards in Maryland and North Carolina and one feeder yard in Maryland.

    The new company will be named Wise Recycling and all of the yards will operate under the Wise Recycling name and logo.  Wise will own a majority of the equity in the new company which will consist of a new class of preferred interest and a portion of the common equity.

    Published in the August 2014 Edition of American Recycler News

  • Casella partners on solar project

    Borrego Solar Systems Inc. has partnered with Soltage Greenwood, a joint venture between Greenwood Energy and Soltage LLC to develop a solar project, launched by Casella Waste Systems on its Coventry, Vermont landfill site.

  • Bluesphere to build new waste-to-energy project

    Bluesphere Corp. (BLSP) has signed a Memorandum of Understanding (MoU) with a local developer

  • ‘I Want To Be Recycled’ campaign launched

    Keep America Beautiful (KAB) and the Ad Council revealed that the City of Austin, Texas is the first city to partner in the “I Want To Be Recycled” multimedia public service advertising campaign.

  • US Ecology to acquire The Environmental Quality Co.

    US Ecology, Inc. has entered into a definitive stock purchase agreement to acquire The Environmental Quality Company (EQ), an environmental services and waste management company based in Wayne, Michigan, with facilities throughout the Eastern U.S. EQ is owned by an affiliate of New York based private equity fund Kinderhook Industries, LLC. The transaction, valued at $465 million, is expected to close in the second or third quarter of 2014 and is subject to customary closing conditions, and a purchase price adjustment based on working capital. The acquisition is expected to be accretive to adjusted earnings per share for the full year 2014.

    The total purchase price of $465 million will be financed using a combination of cash on hand and committed debt financing, consisting of a new $540 million credit facility made up of approximately $415 million in a 7 year term loan and a $125 million 5 year revolving credit facility.

    Published in the June 2014 Edition of American Recycler News

  • Moley Magnetics enters partnership with Minelli

    Moley Magnetics, Inc. has entered a strategic private label partnership with Minelli s.r.l. of Italy.

    In this partnership, Minelli S.r.l. will produce private label grapples for Moley Magnetics that will apply to the scrap, environmental, recycling, demolition, railroad and other industries.

    The private label partnership represents an opportunity for incremental volume to better leverage the manufacturing operations and to drive additional operational efficiencies for both companies.

    Published in the May 2014 Edition of American Recycler News

  • Inashco and Wheelabrator form new joint venture

    Inashco BV and Wheelabrator Technologies, Inc. have formed a new North American-based joint venture company dedicated to the recycling of ferrous and nonferrous metals from the waste-to-energy process.

    The 50/50 owned joint venture company Eco Recovery Solutions LLC will use Inashco’s proprietary technology to enhance the recovery of metals at waste-to-energy facilities. Nonferrous metals will include copper, zinc, lead and aluminum as small as .5 mm in size, much smaller than nonferrous materials currently recovered.

    Published in the May 2014 Edition of American Recycler News

  • Sunvault Energy acquires half interest in CleanGen Power

    Sunvault Energy, Inc. has acquired, through a share purchase agreement, 50 percent of CleanGen Inc.

  • Hendrickson Specialty Products forms partnership

    Hendrickson Specialty Products Auxiliary Axle Systems and The Godwin Group have established a new partnership. In an effort to direct focus towards its core competencies, The Godwin Group elected to phase out the Page brand of suspensions. As a result, Hendrickson Auxiliary Axle Systems was selected as the primary lift axle suspension supplier to The Godwin Group.

    Godwin Group is committed to servicing their Page customers with replacement parts and has made investments to ensure this can be done for the next several years.

    Published in the April 2014 Edition of American Recycler News

  • Advanced Disposal completes acquisition

    Advanced Disposal has completed the acquisition of certain assets of M.A.S.S. Services, Inc., doing business as The Dumpster Company.

    The acquisition includes 600 residential customers who will be serviced by Advanced Disposal’s Ball Ground. The waste will be disposed of at Advanced Disposal’s Eagle Point Landfill.

    Published in the March 2014 Edition of American Recycler News

  • Ecoverse acquires interest in Harvest Quest

    Ecoverse Industries, the Avon Ohio parent company of DoppstadtUS, has acquired an interest in Longmont, Colorado based Harvest Quest International.

    Harvest Quest International has been supplying microbial treatments for the efficient management of compost operations for over 15 years.  

    Published in the February 2014 Edition of American Recycler News

  • Avis Industrial acquires Harris Waste Management

    Avis Industrial Corporation has acquired The Harris Waste Management Group, Inc. Harris has been in the recycling industry for over 100 years and manufactures ferrous and nonferrous processing equipment. Manufacturing facilities are located in Baxley and Cordele, Georgia, with additional offices in Texas and the United Kingdom.  

    Published in the February 2014 Edition of American Recycler News

  • Advanced Disposal acquires waste haulers

    Advanced Disposal has completed the acquisition of the assets of DC Disposal, Inc., further expanding the company’s Indiana footprint. The official asset acquisition was December 31, 2013.

    The acquisition includes 900 residential carts, 130 rear load containers and 3 mixed residential and commercial routes that will be serviced by Advanced Disposal’s Evansville, Indiana hauling location. All waste will be delivered to Advanced Disposal’s Evansville Transfer Station and then properly disposed of at the company’s Blackfoot Landfill in Winslow, Indiana. In addition to these assets, four employees will be joining Advanced Disposal, including David Mckeethen, DC Disposal’s owner, as residential/construction sales representative.

    Advanced also completed the acquisition of the assets of Sherman Sanitation, Wisconsin. The acquisition includes six commercial routes. The waste will be disposed at Advanced disposal’s Mallard Ridge Landfill in Delevan, Wisconsin. 

    Published in the February 2014 Edition of American Recycler News