Casella Waste Systems Inc., Rutland, Vt., has acquired the outstanding stock of Blow Brothers Inc., which does business as Bestway Disposal Services and BBI Waste Industries. The acquisition of the companies, based in Brentwood, N.H., closed on Dec. 6, 2012.
BBI provides solid waste collection, transfer and liquid waste services in seven locations in New Hampshire and Maine. Bestway also operates a portable toilet service and supplies roll-off containers for contractors and individuals conducting renovations, clean-outs and construction projects. Casella says after the acquisition it can “internalize additional waste and recyclables and consolidate operations, routes and transportation.”
Casella says after the acquisition it can “internalize additional waste and recyclables and consolidate operations, routes and transportation.”
“The BBI team has built an exceptional solid waste company that is well regarded by its municipal, commercial and residential customers,” says John Casella, chairman and CEO of Casella Waste Systems. “The company and its employees are a great addition to our team and will play a key role in our effort to serve our customers and create value for our stakeholders.”
“BBI's operations overlay well with our footprint in New Hampshire and Maine and we expect the acquisition to drive incremental value from our existing operations and provide a growth platform in several new market areas,” adds Casella.
“BBI collects and transfers roughly 105,000 tons of solid waste and recyclables and we expect to internalize close to 80 percent of this material at our facilities.” More information about the acquired companies can be found at http://www.bestwaynh.com/.