Reconomy, the leading international circular economy specialist, announces the completion of two US-based acquisitions to add capabilities and accelerate growth of its leading US waste management platform, Lincoln Waste Solutions.
Complete Solutions & Sourcing is a high-growth waste and recycling services management company specialising in waste management for grocery store anchored shopping centres, multi-family residential units and retail segments. Waste Focus is a full-service waste management provider with solutions including recycling and waste consulting servicing hundreds of customers across the property management, hospitality and manufacturing sectors.
The acquired brands further bolster the waste and resource management capabilities of Lincoln Waste Solutions, adding significant momentum to its market-leading offering in the US waste management sector following its acquisition by Reconomy in August 2024.
“We are delighted to acquire these high-quality, well-established brands that have strong waste management platforms in the US and valuable client bases across multiple sectors,” Guy Wakeley, Chief Executive of Reconomy, commented. “They build on our acquisition of Lincoln Waste Solutions as we scale up our US waste management platform to establish a leading position and mark another major strategic milestone in our journey.
“Looking forward, I have never been more energised by Reconomy’s prospects and the future of our business. We are delivering exceptional growth, and these acquisitions add to our growing momentum as we continue to build out a world-class, tech-enabled, people-powered platform at pace to capture opportunities in the highly attractive international circular economy.”
“After a transformational 2024 for Reconomy which saw our first two US acquisitions, we are delighted to build on this momentum by adding two further high-quality, complementary brands to the Group,” Michael Williams, EVP Circular Solutions, North America, at Reconomy added. “Having successfully scaled our platform across Europe, Reconomy is now embarking on the next phase of our growth strategy by rolling out our proven model and expertise across the US to scale our operations in the world’s largest and most attractive market. These new brands strengthen our offering through Lincoln Waste Solutions, already a leading player in the US waste management sector, to drive further growth in the US this coming year.”
“We are excited to join the Lincoln Waste Solutions’ family as it continues to expand its operations and footprint across North America,” Jeremy Basso, President at Complete Solutions & Sourcing, commented. “There is strong alignment in our dedication to outstanding customer service, leveraging the best talent in the industry, improving waste processes through technological capabilities, and making the transition to a more circular economy.”
“This is a momentous step for Waste Focus, giving us the additional scale and investment needed to expand our specialist waste management services in the property management, hospitality and manufacturing customer segments,” Bob Benjamin President at Waste Focus, said. “After 40 years in the waste industry, it is a compelling next step to partner with a leading international circular economy specialist, and we look forward to leveraging Reconomy’s capabilities to service new and existing customers with a wider range of services.”
Read more news, from Stateside and beyond, here
