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Publish Date : 30-Oct-2015

National Waste Management Holdings, a Florida based waste and recycling company has completed its acquisition of Bainbridge, New York based Waste Recovery Enterprises. The $250,000 deal includes 2.75 million restricted shares.

A vertically integrated solid waste management firm, NWMA is focused on C&D collection, hauling and recycling. Waste Recovery Enterprises operates a permitted waste processing and disposal facility in Bainbridge.

National Wastes CEO, Louis Paveglio said: The addition of this facility to National Wastes family of permitted facilities provides us with a northeastern presence and an exceptional platform to better serve and expand into key waste markets.

Waste Recoverys facility will allow us to enhance our service offering, bid and win more work, and increase penetration of key accounts.

The acquisition of Waste Recovery is consistent with our business strategy to acquire facilities that increase our geographic footprint, augment services to existing customers, and attract new customers in under serviced markets, added Jeff Chartier, president of National Waste.

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