Waste Management Completes Acquisition of Deffenbaugh Disposal, Inc.
“The acquisition of the Deffenbaugh assets aligns perfectly with our
stated goal of driving shareholder value by maximizing our focus on our
core business,” said
“These are great assets operated by great people, who care deeply about their customers and their communities and we’re excited to welcome Deffenbaugh’s employees to our Waste Management team,” continued Steiner. “We look forward to a successful integration and continuing Deffenbaugh’s long history of community involvement, strong record of excellent customer service and ultimately expanding our service offerings to our new customers.”
After divesting the operations required by the
Deffenbaugh’s assets include five collection operations, seven transfer stations, two recycling facilities, one subtitle-D landfill, and one construction and demolition landfill.
Today’s closing follows the announcement on
ABOUT WASTE MANAGEMENT
Waste Management, based in
Waste Management defines “operating EBITDA” as GAAP income from operations, minus depreciation and amortization.
The Company, from time to time, provides estimates of financial and
other data, comments on expectations relating to future periods and
makes statements of opinion, view or belief about current and future
events, which are "forward-looking statements.” This press release
contains forward-looking statements, including all statements and
inferences with respect to integration and performance of the acquired
operations. You should view these statements with caution. These
statements are not guarantees of future performance, circumstances or
events. They are based on the facts and circumstances known to us as of
the date the statements are made. All phases of our business are subject
to uncertainties, risks and other influences, many of which we do not
control. Any of these factors, either alone or taken together, could
have a material adverse effect on us and could cause actual results to
be materially different from those set forth in such forward-looking
statement. We assume no obligation to update any forward-looking
statement, including financial estimates and forecasts, whether as a
result of future events, circumstances or developments or otherwise.
Information regarding factors that could materially affect results and
the accuracy of any forward-looking statements made by the Company may
be found in Part I, Item 1A of the Company’s Annual Report on Form 10-K
for the year ended