Waste Services Announces Miami-Dade Acquisitions
October 6, 2009
Burlington, Ontario, Canada-based Waste Services has closed two acquisitions of assets in Miami-Dade County, Fla. In one deal, the firm acquired Republic Services’ operations and related assets in the county. In a second transaction, Waste Services purchased DisposAll Inc.’s operations in the county.
The combined purchase price of the deals is $48 million. Waste Services expects the deals to add approximately $28 million in annual revenue. “We are very pleased to announce the completion of these two highly accretive acquisitions,” said David Sutherland-Yoest, president and CEO of Waste Services, in a press release. “Our strategic assets in the region allow us to internalize disposal from the acquired businesses and to realize significant operating cost savings.”
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