Announced
Synopsis
Casella Waste Systems, a waste management company based in Rutland, Vermont, agreed to acquire select solid waste operations from GFL Environmental, a waste management company with headquarters in Toronto, for $525m. "Today’s announcement marks an important step forward in the company’s growth strategy by using the strength of our balance sheet and proven capital discipline to make a compelling investment. After successfully extending our footprint into the adjacent Connecticut market with an acquisition in mid-2021, this acquisition will enable us to expand into the Mid-Atlantic region with these well-run solid waste operations that provide a platform for future growth,” John Casella, Casella Chairman and CEO.
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