Waste Management's (Houston, TX) recent massive $4.6 billion acquisition of Advanced Disposal (Ponte Vedra Beach, FL) has already reshaped the industry, giving the company command of even greater landfill volumes. To allay concerns by the U.S. Department of Justice (DOJ) and Federal Trade Commission that the merger would inhibit fair competition in various markets with considerable overlap of operations, they are requiring the company to divest of landfills, transfer stations and hauling operations collectively valued at $863.5 million. Canadian company GFL Environmental (Vaughan, Ontario) is buying those operations. Those assets include 15 landfills, 37 transfer stations, 29 hauling facilities, over 200 waste collection routes and other assets across 10 states that last year brought in sales of $345 million.
Net of the divestitures, Waste Management gains 29 landfills, 48 transfer stations,18 materials recovery operations and numerous collection routes and other assets across 17 states...Read More »
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