GFL Environmental Inc. announced it has entered into a definitive agreement to acquire County Waste of Virginia, LLC and its subsidiaries. The transaction, which is expected to close in January 2020, is subject to receipt of customary regulatory approvals, including approval under the Hart-Scott-Rodino Act.
County Waste offers solid waste management services, including collection, transportation, transfer, recycling and disposal of non-hazardous solid waste for municipal, residential, commercial and industrial customers in Virginia and Eastern Pennsylvania. County Waste's collection and hauling operations utilize a fleet of more than 410 trucks that service more than 410,000 residential customers and 19,000 commercial customers. County Waste owns six transfer stations and one materials recovery facility and operates a landfill in Troutville, Va.
"The addition of County Waste's operations to GFL's existing solid waste business creates an opportunity for us to further expand our eastern U.S. footprint into new markets," said Patrick Dovigi, GFL's founder and CEO, in a statement. "County Waste's management team, led by Scott Earl, brings over 50 years of industry experience to GFL, and under Scott's leadership, County Waste has grown revenues to over $180 million. We are excited to have Scott join GFL as an employee as well as a shareholder, and we look forward to welcoming Scott and the other employees of County Waste to the GFL team."