Recology, CleanScapes Agree to Merge
West Coast-based waste haulers Recology Inc. and CleanScapes have merged operations in a deal for an undisclosed amount.
San Francisco-based Recology ranked No. 10 on the Waste Age 100 with 2010 revenue of $539 million, employs approximately 2,600 and provides waste, recycling and environmental services in northern California, Oregon and Nevada.
CleanScapes is based in and serves about half of Seattle, as well as nearby cities of Shoreline and Des Moines. The company had 2010 revenue of $47.3 million and employs about 260. CleanScapes also provides exterior custodial services in Portland, Ore., and San Francisco.
The deal is subject to regulatory approval.
“Recology and CleanScapes are a great match,” said Mike Sangiacomo, president and chief executive officer of Recology, in a news relesase. “Both companies are committed to innovation and helping the communities we serve achieve unparalleled recycling rates. We also share a strong commitment to community; hiring from the communities we serve and supporting education, art and volunteer programs. We look forward to working with CleanScapes in the Northwest.”
He added in an interview that the geographic expansion into Seattle also is valuable. “It’s one more place we can go into,” he says. In addition, “We like the people they got,” and the intention is to keep the current staff.
“CleanScapes will retain its name, its management and its culture – especially our focus on recycling, waste reduction, innovation and customer service,” said CleanScapes President Chris Martin. “This move means we’ll be in a stronger position to accelerate an already aggressive expansion plan in the Pacific Northwest to better meet the needs of the community.”
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