The Woodlands, Texas — Waste Connections, Inc. and and Progressive Waste Solutions Ltd. plan to merge in an all-stock transaction. The transaction is expected to close in second quarter 2016, and remains subject to other customary closing conditions, including the approval of both companies’ shareholders.
Waste Connections, Inc. is an integrated solid waste services company that provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets. Through its R360 Environmental Solutions subsidiary, the company is also a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States. Waste Connections serves more than 2 million residential, commercial, industrial, and exploration and production customers from a network of operations in 32 states. Waste Connections, Inc. was founded in September 1997 and is headquartered in The Woodlands, Texas. For more information, visit www.wasteconnections.com.
As one of North America’s largest full-service waste management companies, Progressive Waste Solutions Ltd. provides non-hazardous solid waste collection, recycling and disposal services to commercial, industrial, municipal and residential customers in 14 U.S. states and the District of Columbia and six Canadian provinces. For more information, visit www.progressivewaste.com.
SOURCE: Waste Connections, Inc.