Waste Management to acquire Advanced Disposal
Houston-based Waste Management, Inc., North America’s largest environmental solutions company, announced that it will buy Ponte Vedra, Fla.-based Advanced Disposal Services for a total of $4.9 billion.
A release by Advanced Disposal stated that the acquisition grows Waste Management’s footprint and allows them to deliver to Advanced Disposal customers unparalleled access to differentiated, sustainable waste management and recycling services.
The transaction is expected to close by the first quarter of 2020. Other media reported that an announcement would take place around April 25 detailing how the transaction will affect current customers of Advanced Disposal.