Interstate Waste Companies, Inc. broadcasts the acquisition of Solterra Recycling Options primarily based in Ewing Township, NJ. Solterra Recycling Options, based in 2014, is a non-hazardous stable waste, natural waste and recycling assortment supplier serving residential and industrial prospects all through the central New Jersey and the Philadelphia market.
IWS is the most important privately held, vertically built-in supplier of stable waste assortment, switch, recycling, and disposal companies serving the better New York Metropolis and New Jersey markets. The Solterra acquisition will construct upon present assortment and processing operations inside the central and southern New Jersey space. The growth may even permit IWS to scale back automobile miles traveled and GHG emissions by leveraging its waste-by-rail disposal community and amenities. Each Solterra and IWS are rooted in family-owned companies serving the New Jersey group.
“Our groups share an analogous tradition and mission – we search to forge relationships between prospects, the atmosphere and know-how to create a extra sustainable future for our area,” began Ed Apuzzi, CEO of Solterra. “Combining our operations provides us the advantage of IWS’s state-of-the-art recycling amenities and vertical built-in operations, whereas remaining a regionally owned and operated enterprise.”
“We now have recognized the management group at Solterra for a few years and are thrilled to hitch forces,” stated Mike DiBella, CEO of IWS. “We prolong a heat welcome to almost 300 Solterra staff and sit up for offering Solterra’s prospects the identical seamless service.” Solterra Recycling Options was suggested by Houlihan Lokey.