Casella Waste Systems Inc., a regional vertically integrated solid waste, recycling and resource management services company based in Rutland, Vermont, announced on Oct. 1 that it has acquired the assets of Grand Island, New York-based Pinto Trucking Services Inc.
Pinto is a provider of residential, commercial and roll-off collection services in the Grand Island and Buffalo, New York market. Casella says it expects to generate approximately $4 million of annualized revenues from the Pinto acquisition.
“The Pinto team has built an outstanding business that is well-regarded by its customers and has solid operational performance,” Casella Waste Systems Inc. chairman and CEO John W. Casella says. “The Pinto employees will fit well with our team, and we are pleased to welcome them to Casella. Their commitment to serving the customers and communities in which they operate aligns very well with our core values.”
“The Buffalo market presents a great opportunity to build additional vertical integration in western New York,” Casella continues. “And, we look forward to becoming a part of the Grand Island community while continuing to provide the excellent service Pinto customers have come to expect. We continue to make great progress with our acquisition efforts in 2020, and with this acquisition, we have acquired roughly $21 million of annualized revenues year-to-date through nine transactions. Our acquisition pipeline remains robust, and we believe that there is substantial opportunity to drive additional cash flow growth across our footprint.”
Latest from Construction & Demolition Recycling
- Vermeer announces plan to build new facility in Des Moines metro area
- Capstar Disposal expands roll off dumpster rental services
- Supreme Court strikes down IEEPA tariffs
- Casella details facility closures, expansion efforts
- DPR Construction cuts ribbon on Silicon Valley office, prefab facility
- Constellium posts record Q4 adjusted EBITDA
- Amrize closes PB Materials acquisition
- QCC torches include customizable features