Date: May 30, 2006
Source: PR Newswire
Waste Connections, Inc. (NYSE: WCN) announced that it has signed an agreement to acquire Waste Management's franchise operations serving El Dorado County, California. El Dorado Disposal provides collection, recycling and transfer services with total revenue of approximately $20 million. Completion of the acquisition is subject to local consents, which are expected to be obtained in early June.
Ronald J. Mittelstaedt, Chairman and Chief Executive Officer, said, "We are very excited to have entered into an agreement to acquire El Dorado Disposal, as this acquisition further expands our presence in exclusive markets on the West Coast."
Waste Connections, Inc. is an integrated solid waste services company that provides solid waste collection, transfer, disposal and recycling services in mostly secondary markets in the Western and Southern U.S. The Company serves more than one million residential, commercial and industrial customers from a network of operations in 23 states. The Company also provides intermodal services for the movement of containers in the Pacific Northwest. Waste Connections, Inc. was founded in September 1997 and is headquartered in Folsom, California. For more information, visit the Waste Connections web site at www.wasteconnections.com.
More information: www.wasteconnections.com.