ADS says the deal will make it the largest privately owned waste management company in the United States.
Advanced Disposal Services Inc., (ADS) a waste management firm based in Jacksonville, Fla., has completed the acquisition of Veolia ES Solid Waste Inc. for $1.9 billion. According to ADS, the transaction is the largest in the waste management sector in four years.
According to an ADS release, the deal makes Advanced Disposal the largest privately owned environmental services company in the United States, with operations in 20 states and annual revenues of about $1.4 billion.
ADS owns and operates commercial, industrial, and residential solid waste collection operations, municipal solid waste landfills, transfer stations and recycling facilities, primarily in the eastern half of the United States.