Casella Waste Systems Inc., Rutland, Vermont, has acquired the assets of Northstar Pulp & Paper Inc., Northstar Disposal Corp. and certain real estate holdings.
Northstar is a leading resource management company based in Springfield, Massachusetts, focused on recycling processing, brokerage services and collection across the Northeast for industrial, institutional and commercial customers. Casella expects to generate approximately $26 million of annualized revenues from the Northstar acquisition.
“We are very excited about the acquisition of Northstar, as their operations and services will integrate well across our footprint and provide a great opportunity to expand services to customers,” says John W. Casella, chairman and CEO of Casella Waste Systems. “We continue to selectively invest in expanding our resource management services to industrial, institutional and commercial customers as leading organizations strive to reduce their environmental footprint. The Northstar acquisitions fit well with this strategy and give us a great platform to drive further profitable growth while increasing our resource management services.
“David Goodman and his family have built an outstanding company focused on great customer service, and we are excited for their help and leadership in integrating Northstar and driving future growth,” Casella adds. “We warmly welcome the Northstar employees and customers to Casella and plan to provide the same exceptional services into the future.”
Casella says with the acquisition of Northstar, the company has acquired approximately $30 million in annualized revenues year-to-date in 2022. He notes that Casella’s acquisition pipeline remains “robust” and that he anticipates continued opportunity to increase cash flow across the company’s footprint.
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