Houston-based WCA Waste Corp. has announced the completion of several acquisitions as well as the divestiture of its waste-by-rail business in Ohio and Massachusetts.
The company says over the past 12 months it has completed nine tuck-in acquisitions. The purchases include the collection operations of Royal Disposal and Caney Creek Disposal, Houston; Manchester Transfer, a construction and demolition transfer station in east Kansas City, Missouri; three collection companies that are now part of WCA’s Missouri operations; C&S Sanitation, Little Rock, Arkansas; and collection and recycling routes from Buzzard Waste and Abitibi, respectively, in the Oklahoma City, Oklahoma, market.
Bill Caesar, WCA CEO, says the Royal Disposal acquisition added 28 residential collection routes, more than 50,000 new customers and about 75,000 tons per year to WCA’s Houston footprint.
“The Royal routes and customer relationships are an ideal strategic fit for WCA,” says Caesar. “We were able to seamlessly integrate the Royal routes into our existing operations and ensure our new customers received the quality service that WCA is committed to providing.”
Regarding the acquisition of Manchester Transfer, now known as WCA – Kansas City Transfer, Regional Vice President Kevin O’Brien comments, “Although we have serviced the Kansas City market for a number of years through our Central Missouri Landfill, we are excited to be able to offer a more convenient disposal alternative for our Kansas City customers and further expand our services in the Kansas City market.”
In addition to these acquisitions, WCA says it is continuing to convert its collection fleet to automated, compressed natural gas (CNG) trucks.
“These strategic acquisitions and initiatives, coupled with the divestiture of WCA’s rail-based waste operations, represent a strategic repositioning of invested capital, strengthen the company’s position in our core markets, deliver accretive value, reduce total leverage and offer improved operating margins,” says Caesar. “We will continue to seek and pursue acquisitions and other growth and efficiency opportunities that offer an attractive return on investment.”
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