Casella waste systems, inc. to acquire the assets of consolidated waste services, llc

Rutland, vt., june 12, 2023 (globe newswire) -- casella waste systems, inc. (nasdaq: cwst), a regional solid waste, recycling, and resource management services company, announced the signing of an asset purchase agreement on june 9, 2023, to acquire the assets of consolidated waste services, llc and its affiliates (dba “twin bridges”) for a purchase price of approximately $219 million in cash.   the proposed acquisition, which is expected to generate annualized revenues of approximately $70 million, includes two collection operations, one transfer station, one material recovery facility (mrf), one office building that can support future growth, and several satellite properties.
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