Casella acquires Willimantic Waste Paper Co.

Casella Waste Systems Inc., a regional vertically integrated solid waste, recycling and resource management services company based in Rutland, Vermont, has announced that it acquired Willimantic Waste Paper Co. Inc., Willimantic, Connecticut.

Willimantic Waste Paper Co. provides residential, commercial and roll-off collection services in eastern Connecticut and serves more than 30,000 customers. The company also operates a rail-served construction and demolition processing and waste transfer facility, a waste transfer station, a single-stream recycling facility and several other recycling operations.

According to a news release from Casella, the company expects to generate about $62 million of annualized revenues from the Willimantic acquisition.

“We are excited about the acquisition of Willimantic and the expansion of our operating footprint into adjacent markets in eastern Connecticut,” says John W. Casella, chairman and CEO of Casella Waste Systems Inc. “Willimantic is a leading operator in its markets, well-regarded by their customers, with strong operational performance and an excellent team. We believe that Willimantic will provide an excellent platform for future growth, with the opportunity to further scale our resource solutions business.”

This marks Casella’s fifth acquisition of the year. Casella says the company has acquired $67 million of annualized revenues year to date this year.

“Our acquisition and development pipeline remains robust, and we believe that there is substantial opportunity to drive additional cash flow growth with opportunistic acquisitions,” he says. “We are extremely pleased to welcome the hardworking Willimantic employees to our team, and we are eager to partner with Tim DeVivo and Tom DeVivo on integrating their business into Casella. And, we look forward to continuing to provide excellent service to our new customers and the communities that Willimantic serves.”