This acquisition is Reconomy’s fourth in the US this year, following the addition of American Outsourced Waste and Recycling (AOWR), Complete Solutions and Sourcing, and Waste Focus.
National Waste Associates, established in 1997 and headquartered in Glastonbury, Connecticut, is a waste services provider managing waste and recycling operations for approximately 2,900 customer locations across the United States.
According to Reconomy, the company brings long-term relationships with large, multi-site clients in sectors including retail, industrial services, healthcare and hospitality.
Carmine Esposito, CEO at National Waste Associates, said: “Joining John Ayvas and the Lincoln Waste Solutions by Reconomy team was a natural choice and logical next step for our business.
“With its global footprint, deep expertise in waste management, industry leading data and technology, we are now better positioned to provide a broader range of solutions and specialist services to our customers and accelerate our growth and innovation.”
Reconomy expands into the US
Reconomy’s North American growth began with the acquisition of Lincoln Waste Solutions in August 2024, which acts at the centre of Reconomy’s US strategy. It services hundreds of major retail and Fortune 500 clients.
Since then, the company has sought to establish a significant presence across the US, following a period of expansion in the UK and Europe.
The country produces 10 times more waste than the UK but is reported to have mostly linear resource chains, low recycling rates and an over-reliance on landfill and incineration.
Guy Wakeley, Chief Executive Officer of Reconomy, commented: “We are confident that this latest acquisition will be a great addition to our rapidly growing US operations and leaves us perfectly positioned to execute on our strategic priorities of attaining leading positions in our core markets, deliver superior earnings growth and help our customers decouple growth from resource use.”
Michael Williams, EVP Circular Solutions, North America, at Reconomy, added: “National Waste Associates is a great addition to our US business and is an excellent strategic fit with Lincoln Waste Solutions.
“We now have an expanded customer base and enhanced capabilities that will enable us to deliver excellent circular solutions to our customers and scale further across North America.”
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