Veransa Group Inc., a Sarasota, Florida-based collector and processor of wood scrap and green waste, has announced its acquisition of MW Horticulture (MW), Lee County, Florida.
The deal, which formally closed Oct. 19, includes MW’s green and wood waste collections, recycling and organics production facility in Fort Meyers, Florida, with an option to acquire the company’s Labelle, Florida, facility. According to a release, the acquisition integrates MW’s specialized organic blended-soil products into Veransa’s product portfolio and extends its geographic reach into the “rapidly growing South Florida market.”
Veransa says the Fort Meyers facility will be modernized to ensure its strict safety and operational procedures. It will fall under a new South Florida division of Veransa Group, led by the general manager of Veransa South Florida.
“We are excited to integrate MW into the Veransa Group. The acquisition advances Veransa’s strategic priority to expand its footprint and reinforces future growth. It allows us to expand further into the rapidly growing South Florida market, while supporting our commitment to producing superior quality organic products, such as our soil-regenerating organic compost, with a zero-waste approach to production, and an unwavering pledge to sustainability,” says Veransa CEO Marc Owensby.
Kevin Dunlap, chief operating officer of Veransa, adds, “By acquiring MW, Veransa will increase its organic soil-products portfolio to incorporate more specialized blends, including several agricultural and nursery mixes, which we can produce in bulk.
“Veransa is already the largest recycler of yard and wood waste in central and [southwest] Florida, with five facilities in southwest Florida. This acquisition will only increase our share of green and wood waste intake while maintaining our standing as the largest manufacturer of superior quality organic compost, mulches and soils in the area.”
