Allan Gerlat, News Editor

July 20, 2015

1 Min Read
Waste Management Buys Arkansas’ D.C. Trash

Waste Management Inc. has purchased D.C. Trash Service in Russellville, Ark., for an undisclosed amount.

D.C. Trash covers communities in the Arkansas River Valley, from Faulkner County to Ozark County, said George Wheatley, a regional spokesman for the Houston-basecd company, in an e-mail.

The newly acquired company provides residential waste and recycling collection, commercial collection and roll-off (permanent and temporary).

Waste Management will keep all the current employees.

Dardanelle, Ark., is one of the cities served by D.C. Trash. The city council there approved the deal, transferring contracts and obligations to Waste Management. The city has a two-year contract with D.C. Trash that will continue.

Waste360 columnist Leone Young said in her June Business Insights that merger and acquisition (M&A) valuations are a stumbling block. Many potential deals are proposed, but seller expectations often are too high.

At the WasteExpo Heavy Hitters panel in June Waste Management CEO David Steiner said that the company can see “the light at the end of the tunnel” regarding the general economic downturn of a few years ago. He said the company’s path to growth is “2+2,” that is, 2-percent volume growth and 2-percent pricing growth.

Waste Management completed its giant waste hauler acquisition in March–the purchase of Deffenbaugh Disposal Inc. for more than $400 million. The Kansas City, Kan.–based waste and recycling firm had 2013 revenue of about $180 million.

The deal went through after Waste Management agreed with the Justice Department to divest small and commercial waste collection assets in Arkansas and Kansas, according to the department.

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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