POMPANO BEACH, Fla.--(BUSINESS WIRE)--Jan. 8, 2016--
Waste Management Inc. of Florida today announced that it has completed
its acquisition of certain business assets of Southern Waste Systems
(SWS)/Sun Recycling in Miami-Dade, Broward, Palm Beach, Martin and St.
Lucie counties.
With this transaction, Waste Management Inc. of Florida is acquiring
operations and assets at 12 SWS/Sun Recycling facilities located in Palm
Beach, Broward and Miami-Dade Counties. The acquired business assets
include residential, commercial, and industrial solid waste collection,
processing/recycling and transfer operations, equipment, vehicles, real
estate and customer agreements.
“Today marks the beginning of us bringing together two very successful,
complimentary businesses and we’re excited to welcome the more than 750
talented and dedicated SWS employees to the Waste Management team,” said
Tim Hawkins, area vice president, Waste Management Inc. of Florida. “The
SWS/Sun Recycling assets align perfectly with our existing operations
and service offerings, and will enhance the environmental solutions we
provide to our combined customers throughout South Florida.”
Waste Management (NYSE:WM) plans to briefly discuss this transaction as
part of its fourth quarter earnings call.
ABOUT WASTE MANAGEMENT
Waste Management, based in Houston, Texas, is the leading provider of
comprehensive waste management services in North America. Through its
subsidiaries, the company provides collection, transfer, recycling and
resource recovery, and disposal services. It is also a leading
developer, operator and owner of landfill gas-to-energy facilities in
the United States. The company’s customers include residential,
commercial, industrial, and municipal customers throughout North
America. To learn more information about Waste Management visit www.wm.com
or www.thinkgreen.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160108005743/en/
Source: Waste Management Inc.
Waste Management Inc.
Analysts
Ed Egl,
713.265.1656
eegl@wm.com
or
Media
Dawn
McCormick, 954-226-9894
dmccormick@wm.com
