Casella Waste Systems, Inc. announced that it has signed an agreement for the acquisition of the assets of Mountain State Waste, a company that聽provides residential, commercial, and industrial waste collection services across North Central and Southwestern West Virginia and parts of Ohio, Pennsylvania, and Kentucky. The acquisition includes multiple hauling operations and a transfer station, providing Casella with adjacent geographic expansion into the franchise markets of West Virginia and opening new areas for future growth. The acquired business is expected to generate approximately $30 million of annualized revenues.
鈥淲e are looking forward to welcoming the Mountain State Waste team and their customers to Casella,鈥� said John W. Casella, Chairman and CEO of Casella. 鈥淭his acquisition aligns well with our strategy of disciplined growth, expanding our geographic footprint into adjacent markets with attractive characteristics. Mountain State Waste has excelled operating in the franchise markets of West Virginia and has built a strong reputation for reliable service and community engagement, and we look forward to building on that legacy.鈥�
鈥淲e would like to thank founders Randie Lawson and J.P. Phillips for building a successful company and are excited by J.P.鈥檚 decision to join the Casella team to help realize opportunities to further enhance service offerings, invest in infrastructure, and support the communities in the new markets we now serve,鈥� Casella added.