Date: February 10, 2011
Source: Veolia ES Solid Waste, Inc.
Veolia ES Solid Waste, Inc. (Milwaukee, WI) has bought of a small waste firm based in Byron, GA, near Macon called Guy's Waste Services. Guy's currently serves about 1,200 customers in five surrounding counties which represents new territory for Veolia and the ability to internalize those volumes into Veolia's nearby Taylor County Landfill. The acquisition includes a transfer station, commercial hauling equipment and real property in Byron. Financial details were not disclosed. "We view this acquisition as a true investment in the local community," Jim Long, president and CEO of Veolia, stated in the news release. "Our aim is to grow this business so that it will eventually lead to more jobs and partnerships within the Macon community."
Veolia ES Solid Waste, Inc. Announces Acquisition of Sanitation Company In Georgia, Expands Waste Operations in the Southeast
Veolia ES Solid Waste, Inc. today announced it has acquired all the business assets of Guy's Waste Services, based in Byron, Ga, a town located outside of Macon, Ga. The acquisition includes all subsidiaries under Guy's Waste Services including KMA Transfer, LLC. and Ace Trash, LLC. All of the operations will now function as Veolia Environmental Services.
The acquisition, which opens up a new market for Veolia, includes a transfer station, commercial hauling operation and real property in Byron. Assets consist of real estate, transfer and collection vehicles, waste containers and other equipment. More than 1,200 customers located in the five-county area will be serviced from this location. All drivers and other employees of Guy's Waste Services and its subsidiaries have been offered positions as part of the acquisition negotiations. The waste collected will be internalized at the Veolia ES Taylor County Landfill near Macon.
"We view this acquisition as a true investment in the local community," said Jim Long, President and CEO of Veolia ES Solid Waste. "Our aim is to grow this business so that it will eventually lead to more jobs and partnerships within the Macon community." Details of the transaction were not disclosed.
VEOLIA ES SOLID WASTE, INC.
Veolia ES Solid Waste, Inc., part of Veolia Environmental Services North America Corp., is one of the largest solid waste companies in North America, providing a full range of services to commercial, industrial and residential customers in 12 states, the Bahamas, and Canada. Veolia ES Solid Waste, Inc. operates 76 collection facilities and 30 solid waste sanitary landfill facilities in North America and is headquartered in Milwaukee. By working in partnership with communities, we aim to preserve valuable resources and extend landfill capacity by focusing on waste reduction, curbside collection, sorting and the processing and marketing of recyclables.
VEOLIA ENVIRONMENTAL SERVICES NORTH AMERICA CORP.
Based in Chicago, Veolia Environmental Services North America Corp. is the leading provider of fully integrated waste, environmental and industrial cleaning solutions to residential, municipal, commercial and industrial customers across the US, Canada and the Caribbean. The company is part of the Veolia Environnement companies in North America, with 30,000 North American employees providing sustainable environmental solutions in water management, waste services, energy management, and passenger transportation.
The Veolia Environmental Services group is the largest waste services company in the world and the only global manager of liquid, solid, non-hazardous and hazardous waste; on-site waste processing; industrial cleaning and process maintenance; and recycling, recovery and disposal for both the public and private sectors. Its parent company, Veolia Environnement (NYSE: VE and Paris Euronext: VIE), is the worldwide reference in environmental services. With more than 313,000 employees in 74 countries, Veolia Environnement recorded annual revenues of almost $50 billion in 2009. Visit the company's Web sites at www.veolia.com and VeoliaES.com.
For more information, contact:
Denisse Ike, Veolia Environmental Services North America
Tel: 312 552 2800
Denise Graham, On Ideas
Tel: 904 354 2600