Gold Medal Group and its wholly-owned subsidiaries, a portfolio company of Kinderhook Industries, LLC and its minority partner BioHiTech Global, Inc. have acquired Apple Valley Waste Services, Inc.
The transaction represents Kinderhook’s 36th investment in the environmental services sector. Apple Valley is a solid waste company that offers collection, processing, disposal and recycling services throughout the Mid-Atlantic region. Apple Valley services customers in West Virginia under certificates of necessity issued by the Public Service Commission of West Virginia and provides waste collection services in large metropolitan areas such as Baltimore, Washington, D.C. and Southern Pennsylvania.
Apple Valley and BioHiTech are minority owners of Entsorga West Virginia, a company that is currently constructing the first facility in the U.S. to utilize Entsorga’s HEBioT mechanical biological treatment (MBT) technology.
By utilizing the HEBioT MBT system, Entsorga West Virginia will recover biomass, plastics and other carbon based materials from the mixed municipal solid waste stream and convert them into a safe alternative fuel source. Once operational, the plant will be able to accept up to 120,000 tons per year of inbound municipal solid waste and convert approximately 45 percent into solid recovered fuel. Upon opening of the Entsorga facility, Gold Medal will become a vertically integrated solid waste services provider. Less than 20 percent of the material Gold Medal delivers will end up in landfills.
Published in the January 2019 Edition