Attention Customers: We're excited to announce that Waste Management, North America's leading environmental solutions provider, has acquired Advanced Disposal. Learn what this means for you here.

 
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Attention Customers: We're excited to announce that Waste Management, North America's leading environmental solutions provider, has acquired Advanced Disposal. Learn what this means for you here.

Waste Management Completes $4.6 Billion Acquisition of Advanced Disposal
Waste Management’s Acquisition of Advanced Disposal Combines Dedicated and Experienced Teams with Shared Commitments to Safety, Outstanding Customer Service and Operational Excellence
Houston, TX
Oct 30, 2020

HOUSTON--(BUSINESS WIRE)--Oct. 30, 2020-- Waste Management (NYSE: WM) announced today that it completed its acquisition of all outstanding shares of Advanced Disposal on October 30, following the receipt of required regulatory approvals. The previously announced purchase price of $30.30 per share in cash represents a total enterprise value of $4.6 billion when including approximately $1.8 billion of Advanced Disposal’s net debt. Advanced Disposal stock will no longer be traded on the NYSE.

This acquisition grows Waste Management’s footprint and allows the Company to deliver unparalleled access to differentiated, sustainable waste management and recycling services to approximately 3 million new commercial, industrial and residential customers primarily located in 16 states in the eastern half of the United States.

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Advanced Disposal, now part of Waste Management

Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management environmental services in North America. Through its subsidiaries, Waste Management provides collection, transfer, disposal services, and recycling and resource recovery.  It is also a leading developer, operator and owner of landfill gas-to-energy facilities in the United States.  Waste Management’s customers include residential, commercial, industrial, and municipal customers throughout North America.  To learn more information about Waste Management, visit www.wm.com.

 
 
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