Gold Medal Services LLC, a Deptford, New Jersey-based waste and recycling services company, has announced its operating subsidiaries have executed definitive purchase agreements to acquire substantially all of the assets of Casworth Enterprises Inc. and Blue River Resources LLC.
Casworth Enterprises provides commercial and residential waste collection services in southern New Jersey. The operations will be moved to Gold Medal’s Deptford hauling division. Casworth’s principal, Frank Holsworth, and his team will join Gold Medal .
Blue River Resources operates a material recovery facility (MRF) in Wilmington, Delaware. The MRF currently processes commercial and residential recyclables and is permitted to process construction and demolition materials. Blue River’s management team and staff also will join the Gold Medal team.
“We are extremely excited about these two acquisitions,” says Glen Miller, CEO of Gold Medal. He adds, “Casworth Enterprises grows and expands our hauling operations in New Jersey. The Blue River MRF opens up an expanded market and increases our capacity for recovery of sustainable materials and landfill diversion. The assets and management team of these two companies greatly strengthens our position in the region.”
Gold Medal expects the transactions to close within 30 days, subject to final regulatory approval.
Casworth Enterprises provides commercial and residential waste collection services in southern New Jersey. The operations will be moved to Gold Medal’s Deptford hauling division. Casworth’s principal, Frank Holsworth, and his team will join Gold Medal .
Blue River Resources operates a material recovery facility (MRF) in Wilmington, Delaware. The MRF currently processes commercial and residential recyclables and is permitted to process construction and demolition materials. Blue River’s management team and staff also will join the Gold Medal team.
“We are extremely excited about these two acquisitions,” says Glen Miller, CEO of Gold Medal. He adds, “Casworth Enterprises grows and expands our hauling operations in New Jersey. The Blue River MRF opens up an expanded market and increases our capacity for recovery of sustainable materials and landfill diversion. The assets and management team of these two companies greatly strengthens our position in the region.”
Gold Medal expects the transactions to close within 30 days, subject to final regulatory approval.