Canada’s GFL Environmental, which entered the US solid waste sector in 2016 and has established itself as the market’s 4th largest player, has been named as the buyer of “substantially all anticipated divestitures” which will occur following Waste Management Inc’s US$4.6 billion acquisition of Advanced Disposal Services.
GFL will pay US$835 million for a package of assets which will include 32 collection operations, 36 transfer stations and 18 landfills supported by 380 collection vehicles across 10 states including Wisconsin, Michigan, Pennsylvania, Alabama and Georgia, with Illinois, Florida, Kentucky, Indiana and Minnesota touted as the other likely locations. GFL has a positive record of working with Waste Management and as part of the deal, Waste Management also announced a “reciprocal five-year disposal arrangement” with GFL. The deal is expected to be finalised by the end of Q3 2020, pending approval from the US Department of Justice.
Waste Management’s acquisition of Advanced Disposal was announced in April 2019 when Advanced Disposal was serving more than three million residential, commercial, and industrial customers, including over 800 municipalities primarily in 16 states in the Eastern half of the US. Advanced Disposal’s solid waste network includes 94 collection operations, 73 transfer stations, 41 landfills, and 22 owned or operated recycling facilities.
AcuComm’s WasteView database has details of over 20 current and operational waste projects involving Waste Management Inc, Advanced Disposal Services or GFL Environmental, including Waste Management’s planned expansion of a landfill in Monticello, White County, Indiana.