Date: September 5, 2006
Source: News Room
Veolia ES Solid Waste, formerly known as Onyx Waste Services, recently acquired a pair of solid waste collection, hauling and recycling services markets from Allied Waste Industries, Inc. One of the properties included Allied Waste's operations in Charleston, Ill., serving Coles, Cumberland, Moultrie, Douglas and Shelby counties. Veolia also acquired Allied Waste's operations in Clarion, Pa., serving Clarion, Venango, Forest and Jefferson counties. Terms of the transactions, which closed in late August, were not disclosed. Veolia currently has operations in 11 states and according to Paul Jenks, Veolia's president and chief executive, "Growth through these acquisitions is an important part of Veolia's strategic plan to expand our operations and serve more customers and communities throughout the country…we continue to look for additional strategic opportunities to grow through acquisitions that support our business plan."
Allied Waste Industries of Scottsdale, Ariz., is the second-largest non-hazardous solid waste management company in the United States, with annual revenues of more than $5 billion and serves 110 major markets within 37 states and Puerto Rico.