Lakeshore Recycling Systems (LRS) announced it has acquired Northbrook, Illinois-based C&D Recycling. With the acquisition, LRS will control and process over 2 million tons of waste material annually, more than any other privately held company in Illinois. Financial terms were not disclosed.
With the addition of C&D Recycling, LRS now operates six material recovery facilities (MRFs) throughout Chicagoland and Illinois, annual revenues in excess of $130 million and over 540 full-time employees.
"The acquisition of C&D Recycling advances our rapid growth by adding a strategic asset and location in the northern Chicago suburbs. C&D Recycling, with their envious reputation for outstanding customer service and capabilities, is uniquely positioned to propel our growth in Northern Illinois markets," says Lakeshore Recycling Systems CEO Alan T. Handley. "We welcome C&D Recycling customers and employees to the LRS family, and remain committed to realizing aggressive and profitable growth through both organic and strategic acquisition."
The company serves all 605 Chicago public schools, eight area city colleges of Chicago sites and is expanding aggressively in Chicago's north shore, where LRS became the first waste and recycling company to introduce organic recycling in Illinois. Organic recycling combines landscaping and food that LRS turns into compost. LRS serves residences and businesses in Winnetka, Glencoe, Highland Park, Highwood, Deerfield, Bannockburn, Riverwoods, Evanston, Skokie and Golf and anticipates continued growth throughout Chicago's collar counties.
To learn more, visit www.LRSrecycles.com.