Wastequip announces it has signed a definitive agreement to acquire Consolidated Fabricators Corporation (ConFab), a West Coast waste container manufacturer. Founded in 1974 and based in Van Nuys, California, ConFab operates manufacturing, steel processing and equipment repair facilities in central and southern California, with additional California locations in Sun Valley, Fontana, Galt and Otay Mesa, and a manufacturing facility in Tijuana, Mexico.
Under the terms of the agreement, ConFabwill continue to operate as its own entity, with the existing leadership team remaining in place and reporting directly to Wastequip Chief Executive Officer Marty Bryant.
The acquisition of ConFab adds the most respected West Coast container manufacturer to Wastequip鈥檚 portfolio of brands. A family-owned business started by Al Melideo and now under the leadership of son Mike Melideo, ConFab has established itself as a leading provider of custom waste containers and related equipment specifically designed to suit the unique needs of the California market. Existing Wastequip customers will benefit from access to a suite of products suited to their geographic market, along with additional production facilities to meet demand quickly.聽Customers will also benefit from container repair services in the Los Angeles area, as well as local parts fabrication.
This acquisition, along with Wastequip鈥檚 acquisition of Amrep in early 2019, rounds out Wastequip鈥檚 ability to offer complete nationwide product coverage for waste containers and related equipment. 鈥淐onFab has been one of our top acquisition targets for some time because of the synergies it brings, including the ability to process steel, expand our parts fabrication and add container repair services,鈥� said Bryant. 鈥淲e are impressed by the business that Mike Melideo has built over the years in terms of vertical integration, intimate market knowledge, consistent product quality and outstanding customer support. The addition of ConFab to the Wastequip family will help us strengthen our presence in one of the most densely populated markets in the country.鈥�
鈥淏ecoming part of the Wastequip family aligns the company we鈥檝e proudly built over the past four decades with the most respected waste equipment provider in the industry,鈥� said Mike Melideo, chief executive officer at ConFab. 鈥淭his alignment will allow us to take advantage of the strength of the Wastequip brand and leverage additional operational efficiencies to continue serving our customer base.鈥�