Reconomy, a leading international circular economy specialist, announces the completion of two U.S.-based acquisitions to add capabilities and accelerate growth of its U.S. waste management platform, Lincoln Waste Solutions. Complete Solutions & Sourcing is a high-growth waste and recycling services management company specializing in waste management for grocery store anchored shopping centers, 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.
Highlights
- Acquisitions mark major step in the next phase of Reconomy鈥檚 growth strategy to scale its US waste management platform, Lincoln Waste Solutions, having successfully rolled out its proven model in Europe
- Both brands align closely with Lincoln Waste Solutions, already a leading US-based waste management and consulting firm, and add further capacity and capability
- This growing scale adds to Lincoln Waste Solutions momentum in the market as it aims to accelerate growth in the US by attracting larger customers, growing its haulier network and exploring further acquisitions
- Adds over 100 employees to the group, scaling Lincoln Waste Solutions鈥� operation to 15,000 sites managed and processing more than one million tons per year of materials
- Complete Solutions & Sourcing (Peekskill, New York) specializes in waste management for grocery store anchored shopping centers, multi-family residential units and retail segments
- Waste Focus (Feeding Hills, Massachusetts) specializes in the Property Management, Hospitality and Manufacturing customer segments听
Guy Wakeley, Chief Executive of Reconomy, commented: “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. 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.
鈥淟ooking forward, I have never been more energised by Reconomy鈥檚 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.鈥�
Michael Williams, EVP Circular Solutions, North America, at Reconomy added: 鈥淎fter 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, complimentary brands to the Group. 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 U.S. 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 U.S. this coming year.鈥�