Winters Brothers Buys Automated Waste in Connecticut

Date: March 29, 2011

Source: News Room

Danbury, CT-based Automated Waste Disposal (AWD) and its affiliated businesses, once owned by trash kingpin James Galante, now serving time, has been sold by the US Marshals Service to Winters Brothers CT, LLC. They are the same Winters Brothers (Joseph and Sean) that sold their Long Island-based waste business to IESI, now IESI-BFC back in Sep. 2007. The fate of AWD had been in question since 2006 when the US Marshals Service seized the businesses after Galante's arrest on racketeering charges in connection with the now infamous "property rights" scheme that involved using mob muscle to enforce collusion among local haulers (carters) in Connecticut and eastern New York. Galante, who pleaded guilty in June 2008 and agreed to forfeit his businesses, then valued at $100 million, is now serving an 87-month sentence. In total, more than 33 people were indicted in connection with the scheme.

Winters is buying most of the 25 businesses originally connected with Galante, including the recycling division called Recycling Technologies Inc., and all of the collection routes. Financial terms of the deal were not disclosed. "We are extremely grateful to have had the opportunity to work with Mayor Boughton's office and the U.S. Marshals Service to make this purchase possible," said Joseph Winters, who with his brother Sean, purchased the company and will serve as CEO and Senior Vice President respectively.

March 28, 2011

Winters Bros Waste Systems CT, LLC Finalizes Purchase of Automated Waste Disposal Companies in Danbury

After months of extensive planning and negotiations, Winters Brothers Waste Systems CT, LLC (Winters Bros.) is pleased to announce its purchase of Automated Waste Disposal's companies from the U.S. Marshals Service. Now that this process has been completed, Winters Bros. is looking forward to the opportunity to provide state-of-the-art waste management services to commercial, residential, and municipal customers throughout the region.

Joe and Sean Winters are second-generation veterans of the waste management industry having helped to build, own and operate Winters Bros Waste Systems of Long Island. The Long Island company started out as a mom and pop operation in the early 1950's by Joe and Sean's father James. Over time the company grew to become Long Island's largest full-service waste management company delivering environmentally conscious, professional, dependable and regulatory compliant services.

After becoming aware of the opportunity to purchase the Automated Waste Disposal assets, Joe and Sean Winters, who will serve as the company's CEO and Senior Vice President respectively, assembled a team of other veteran waste management professionals to ensure a successful launch of this new business initiative. The deal was brokered by the New York-based investment banking firm of Dominick and Dominick.

As Winters Bros. begins operations in Connecticut, the ownership has outlined some ambitious goals to ensure that the new entity is the best service-oriented business it can be. In addition to improving the quality and delivery of services, Winters Bros. is also planning to invest significant resources to improve the company's infrastructure and capacity to serve.

"We are extremely grateful to have had the opportunity to work with Mayor Boughton's office and the U.S. Marshals Service to make this purchase possible," said Joe Winters. "We are eager to work with the City and providing our customers with improved waste management services and providing friendly and responsive customer service to meet their specific needs. We are also looking to expand our service offerings and aggressively pursue new business opportunities to grow the company over time. This commitment to service not only applies to our customers but to making positive contributions to the communities in which we operate. Winters Bros. has a long and proud tradition of being good corporate citizens."

For more information, contact:
Chris Senecal, Cashman + Katz
(860) 652-0300 ext. 526

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