Interstate Waste Services Acquires New York’s Marangi Disposal
Interstate Waste Services Inc. (IWS) has announced it has acquired Marangi, Inc. and Cottage Carting, Inc. doing business as Marangi Disposal (Marangi).
August 20, 2024
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Interstate Waste Services Inc. (IWS) has announced it has acquired Marangi, Inc. and Cottage Carting, Inc. doing business as Marangi Disposal (Marangi).
Marangi, a family-run company since 1955, is based in Middleton, N.Y., and works as the largest independent waste collector in Upstate New York. Marangi has been a customer of IWS for 25 years while it severed its own residential and commercial customers in Orange and Rockland counties.
"We're thrilled to welcome the Marangi team and customers to the IWS family," said Mike DiBella, CEO of IWS. "As someone who's grown up in the waste industry through a local family business, I have great respect for the Marangi family and their legacy. Our longstanding relationship was critical to reaching a successful closing. We remain committed to upholding the values that have made Marangi synonymous with quality and reliability while enhancing IWS' integrated service offerings."
IWS will acquire over 50 collection vehicles and 40 routes which will almost double its footprint in Upstate New York. Marangi Disposal’s CEO, Mike Marangi, will stay with the company after the acquisition.
"We are excited to merge our operations with IWS and expand the service offerings we provide to our customers and communities," said Mike Marangi. "With a 25-year professional relationship rooted in shared family values and a commitment to excellence, this partnership is a natural fit."
This latest acquisition from IWS follows the company’s recent purchase of Oak Ridge Waste & Recycling in Connecticut which was agreed upon earlier this year.
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