Veolia ES Solid Waste, Inc., Milwaukee
Jeff Meredith, 770-565-1983
Veolia Environmental Services North America
Denisse Ike, 630-218-1751
Denise Graham, 904-354-2600
MILWAUKEE–(BUSINESS WIRE)–Veolia ES Solid Waste, Inc. today announced the signature of an agreement with Allied Waste Industries to acquire certain of Allied’s integrated solid waste landfill and collection assets in the east-central and southeastern United States. The assets include a collection company and landfill near Claypool, Indiana; collection operations and two landfills in eastern Kentucky; a solid waste collection company and landfill in Wayne County, Illinois; and four solid waste collection companies, two transfer stations and a landfill in west-central Georgia. These operations are expected to generate approximately $54 million in revenue in 2007. Completion of the acquisition is subject to final regulatory approvals and other customary closing conditions.
“These operations will provide Veolia with four new, vertically integrated service platforms that will further expand the company’s presence in southern Illinois, and establish our presence in northern Indiana, eastern Kentucky and west-central Georgia. The five landfills contain an aggregate of nearly 70 million cubic yards of permitted landfill airspace,” said Richard Burke, President and COO of Veolia ES Solid Waste, Inc.
Mr. Burke added that this acquisition “further advances Veolia’s commitment to the active pursuit of acquisitions that expand our vertically integrated solid waste operations throughout North America, thereby enabling us to extend the Veolia Environmental Services brand of exceptional solid waste services across an increasing customer base.”
About 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. The company provides a full range of services including collection, transportation, disposal and recycling to more than 1.7 million residential, commercial and industrial customers in 11 states, the Bahamas and Canada. It services municipalities through the operation of 61 collection facilities and 24 solid waste sanitary landfill facilities in the United States. Veolia ES Solid Waste, Inc. is a member of the National Solid Wastes Management Association.
About Veolia Environmental Services North America Corp.
Veolia Environmental Services North America Corp., headquartered in Lombard, IL, offers fully integrated environmental solutions to virtually all industrial, commercial, municipal and residential sectors. It is part of the Veolia Environmental Services (VES) group, 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. VES has over 80,000 employees in 33 countries and posted revenues of $9.8 billion in 2006. Veolia Environnement (NYSE:VE), the parent of VES, with operations in water, waste, energy and transportation management, has more than 300,000 employees in 64 countries and recorded revenues of $37.7 billion in 2006. For more information, please visit www.VeoliaES.com.