LRS declares the acquisition of Grayslake, Sick.-based Lakes Disposal Companies, an unbiased, family-owned waste and recycling supplier serving residents and companies in northern Illinois; monetary phrases weren’t disclosed and the acquisition is efficient instantly.
The acquisition expands LRS’ northern Illinois footprint, including almost 2,000 industrial prospects, and municipal providers for residents in McHenry County, the Village of Surprise Lake, Village of Johnsburg, Village of Mettawa, Avon Township and huge areas all through Lake County.
Based by Tim and Janelle Petersen in 2008, the acquisition of Lakes Disposal enhances LRS’ October 2021 acquisition of quite a few GFL belongings, together with 16 municipalities in far northern Illinois, owned beforehand by Prairieland Disposal and Recycling Companies.
“We welcome Tim, Janelle, and all Lakes Disposal staff and prospects to the LRS household, and are excited to carry extra development and funding to our sturdy Chicagoland market,” stated LRS President and Chief Govt Officer Alan T. Handley. “LRS continues to problem the waste business established order, bringing much-needed native competitors to assist considerably decrease the price of Municipal Stable Waste and Recycling providers, notably at a time when a lot of our residential prospects are struggling to make ends meet.”
The Petersen’s and all Lakes Disposal staff will stay on with LRS to make sure a seamless transition and buyer expertise, Handley added.