Casella Waste Systems Acquires Royal Carting and Welsh Sanitation

September 9, 2024

Casella Waste Systems, Inc. has entered into a definitive agreement to acquire Royal Carting and Welsh Sanitation, including related real estate assets. The transaction (expected to close in Q4 subject to customary conditions) adds two collection operations and two transfer stations in New York's Hudson Valley and western Connecticut, and is expected to generate over $90 million in annualized revenues while expanding Casella's regional footprint.

Buyers
Casella Waste Systems, Inc.
Targets
Royal Carting Service Co, Welsh Sanitation
Sellers
Panichi family (owners of Royal Carting/Welsh Sanitation; Emil Panichi)
Location
New York, United States
Transaction Type
Buyout

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