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New Deal


Announced

WM to acquire the US business of Avangard Innovative.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

environmental services

waste management

Single Bidder

United States

Pending

Environmental Consulting

Majority

Domestic

Friendly

Synopsis

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Waste Management National Services, a waste management services provider, agreed to acquire the US business of Avangard Innovative, an environmental services provider. Financial terms were not disclosed. "WM's controlling interest in Natura PCR positions us to grow and scale rapidly in the emerging PCR space. WM's core material supply capabilities, with the head start and knowledge provided by Avangard's U.S. business, will help Natura PCR quickly deliver circular options to WM's customers as an important component of our continued growth strategy in recycling," Jim Fish, WM President and CEO.

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