Meridian Waste, an integrated, non-hazardous solid waste services company based in Charlotte, North Carolina, announced it has completed the acquisition of the West Transfer Station outside of St. Louis as well as related hauling business. The deal became effective Sept.1.
Meridian Waste Missouri LLC acquired municipal solid waste (MSW) transfer station permit No. 0418302 for the affiliated business known as the West Transfer Station. The purchase also includes commercial, industrial and residential subscription contracts located in the Missouri counties of St. Charles, Franklin, Lincoln and Warren.
Under its previous ownership, the West Transfer Station had not been operational for the last 10 years. However, its permit is active under the Missouri Department of Natural Resources, and the site is permitted to accept MSW waste from commercial and residential customers. The accepted waste will be properly disposed of at Meridian Waste’s Eagle Ridge Landfill in Bowling Green, Missouri.
“This acquisition represents smart, efficient and environmentally beneficial industry best practices in a competitive marketplace, resulting in enhanced service performance, consolidated trucking routes and greater internalization into the company’s disposal assets,” Meridian Waste COO Dave Lavender says. “As Meridian Waste evaluates and improves financial and operational margins, the marketplace will see continued proactive decisions to shed itself of unprofitable contracts, in particular, underperforming residential governmental contracts that restrict the ability to adjust to market conditions and shift towards geographic areas where we can internalize volumes and maximize overall company performance. It’s truly a win for all—most importantly the customers we serve in the north and west St. Louis marketplace.”
This purchase represents the company’s 10th acquisition since Jacksonville Beach, Florida-based Warren Equity’s acquisition of Meridian Waste in April 2018.
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