Date: September 15, 2005
Source: News Room
Casella Waste Systems, Inc. (Nasdaq: CWST) has acquired Philadelphia-based Blue Mountain Recycling, LLC, which has single stream processing facilities in Philadelphia and Montgomeryville, Pennsylvania. Blue Mountain a long-term, exclusive processing partnership and strategic alliance with RecycleBank LLC, an incentive-based recycling service that gives homeowners credits for recycling which can be used with participating merchants. Casella Waste Systems purchased the equity of Blue Mountain in a transaction that included $15 million in initial consideration.
More information: www.casella.com.
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