Covanta Acquires Globalcycle and Global Remediation Services

Covanta Acquires BIOLOGIC Environmental Services and Waste Solutions

August 29, 2022

Environmental Services

Covanta has acquired BIOLOGIC Environmental Services and Waste Solutions, a California-based regulated waste management firm, and will integrate Biologic's Northern and Southern California facilities into its portfolio. The deal expands Covanta's western U.S. footprint and adds regulated/medical and maritime waste handling capabilities to support its sustainable materials management strategy.

EQT Infrastructure to Acquire Covanta Holding Corporation for $5.3 Billion

July 14, 2021

Energy

EQT Infrastructure has agreed to acquire Covanta Holding Corporation, a Morristown, New Jersey–headquartered owner and operator of waste-to-energy facilities, for $20.25 per share in a transaction valued at $5.3 billion including assumed net debt. The deal, unanimously approved by Covanta’s board, will be financed by EQT Infrastructure V and is expected to close by year-end; EQT said it plans to invest in operational, digital and sustainability initiatives to grow Covanta's waste processing, energy production and metals recycling businesses.

Covanta Acquires SGS Recovery, Frontier Fibers and Buffalo Fuel Corp.

December 5, 2022

Environmental Services

Covanta Holding Corp. acquired SGS Recovery, Frontier Fibers and Buffalo Fuel Corp., three Niagara Falls, New York–based companies that provide engineered fuels production, biodegradable agricultural bedding, and waste hauling/logistics. The purchases expand Covanta’s sustainable materials management capabilities, geographic footprint in Western New York, and its alternative fuels and waste-to-product offerings while strengthening its ESG and circular-economy services.

Circular Services Acquires Quantum Organics

February 3, 2025

Environmental Services

Circular Services has acquired Quantum Organics, an organics management and processing business based in Southington, Connecticut. The deal adds anaerobic digestion, large-scale composting and organics processing capabilities to Circular Services’ national recycling and materials-recovery platform, expanding its services in the Northeast and enhancing its organic-waste-to-products capability.

Reworld Acquires EnviroVac Waste Transport Systems

December 13, 2024

Environmental Services

Reworld (formerly Covanta), a Morristown, New Jersey-based sustainable waste solutions provider, has acquired EnviroVac Waste Transport Systems, an Illinois-based hazardous and non-hazardous waste transportation company with operations in Jacksonville, Illinois and Arkadelphia, Arkansas. The purchase adds a fleet of over 25 drivers and nearly 100 specialized transport assets, expanding Reworld's regional footprint and enhancing its ReDirect360 and ReMove waste logistics and processing capabilities.

Veolia Acquires Multiple Hazardous Waste Firms to Expand Global Treatment Capacity

June 26, 2025

Environmental Services

Veolia (via its Veolia North America unit) announced the acquisition of three U.S. hazardous-waste companies—New England Disposal Technologies, New England MedWaste and Ingenium—alongside additional tuck-ins in Japan (Zeeklite Co. LTD) and Brazil (Alagoas Ambiental). The deals form part of a broader GreenUp strategy to add 530,000 tonnes of hazardous waste treatment capacity by 2030 (100,000 tonnes already in operation) and represent roughly €300 million of targeted acquisitions to expand regional coverage and technical capabilities.