
Photo courtesy of Denali and Wallace Farm Inc.
Denali, a Russellville, Arkansas-based company with a national organics collection and processing footprint, has announced its acquisition of Wallace Farm Inc., a North Carolina company engaged in composting to make soil and mulch products.
According to Denali, formerly family-owned Wallace Farm operates two large-scale facilities in the Tar Heel State that collect and convert food waste, green waste and other organic materials into compost, mulch and soil products.
Denali says the acquisition strengthens its “large and growing organic collection operations in the Southeast by adding organics processing capacity through the two Wallace compost sites.” The acquisition also will support the expanded production and distribution of Denali’s ReCirculate bagged compost and soil product line.
Wallace Farm began commercial composting operations on its family farm 30 years ago, says Denali. In the 2020s, the company has two facilities, a 75-acre operation in Huntersville, North Carolina (near Charlotte), and a 162-acre facility in Advance, North Carolina, closer to Greensboro and Winston Salem.
“We’re pleased to welcome Wallace Farm and its team to the Denali family,” says Todd Mathes, CEO of Denali. “We look forward to continuing their operational excellence and building on their strong regional presence to further our commitment to building a resilient circular economy by transforming organic waste into renewable products.”
With the addition of Wallace Farm's facilities, Denali says it now operates a network of 26 composting sites in the United States, allowing it to “maximize organic waste landfill diversion.”
The acquisition is labeled by Denali as part of broader strategy of to build “a robust, integrated system as the market leader in organics recycling.”
“I’m proud of my family’s legacy in the communities we serve, and joining Denali, which shares our family values, goals and high standards of quality and customer service,” says Eric Wallace, president of Wallace Farm.
“This is an exciting next chapter for Wallace Farm because we’ve always believed in the power of growing a greener environment, and with Denali’s scale and vision, we can take that positive impact even further,” he adds.
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