Winters Bros. Waste Systems of Long Island and WM announced that the entities have merged to establish Long Island鈥檚 leading waste and environmental services providers.听 The transaction was completed on July 15, 2024.听 Terms of the deal were not announced.
The merger strengthens WM鈥檚 national service platform and integrate the collection, transfer, and recycling operations from Winters Bros. on Long Island.听 The transaction includes all of Winters Bros.鈥� hauling operations, long-haul logistics, plus 12 transfer stations and recycling operations on Long Island.
Sean Winters, Chairman and CEO of Winters Bros. said, 鈥淥ur two companies have known and respected each other for many years, and the time is right for us to take the next logical step in our evolution allowing us accelerate the application of technology to enhance services on Long Island.听 WM has an extensive presence across the United States and there are opportunities to internalize significant volumes of waste while ensuring environmentally sound solutions for customers on Long Island.听 Winters Bros. developed a broad regional footprint across Long Island over the past 11 years.鈥�
The combination of Winters Bros. and WM creates an integrated operations platform that provides significant advantages for serving customers across Long Island.听 WM will focus on centralizing core corporate functions and standardize business practices, creating operating efficiencies and improving productivity, while customer decisions will remain at the local level to ensure we remain responsive to customer and municipal concerns.
Jimmy Winters, Executive Vice President of Winters Bros. said 鈥淏y building on the best practices of both companies, we can further improve productivity and operating margins, while advancing our strategic priorities and investing in the ongoing development of our business and critical people resources.听 This merger allows us to capitalize on the attractive business opportunities on Long Island and enhance our ability to provide comprehensive solutions to the waste-stream management needs of our customers.鈥�
Will Flower said, 鈥淎s each company has done individually, the combined company will remain fully committed to serving the needs of our customers, municipalities and employees.听 The vertically integrated model of the combined company 鈥� linking collection, transfer, recycling and disposal services 鈥� results in a resilient solid waste system that is needed for Long Island.听 Additionally, our employees will benefit from the enhanced career opportunities that result from a larger company positioned for future success.鈥�