MANASSAS, Va. (PRWEB) December 17, 2013
EnviroSolutions, Inc. (ESI) today announced that it has completed the second phase in its acquisition of Environmental Logistics Services’ (ELS) New Jersey waste processing and rail operations with the closing of the purchase of Sajo Transport, Inc. (Sajo). Sajo operates the largest permitted solid waste transfer station in New Jersey through a long-term operating agreement with the New Jersey Meadowlands Commission. The facility, located in North Arlington, NJ is currently permitted for 2,750 tons per day. The operations being acquired have total annualized revenues of approximately $10 million, adding to ESI’s presence as one of the largest regional waste companies in the Northeastern United States.
Eric Wallace, President and Chief Executive Officer, said, "Our acquisition of ELS’ Sajo Transfer Station assets represents another strategic growth opportunity within the greater New York City and Northern New Jersey waste-shed, providing us the opportunity to drive additional waste volumes through our waste-by-rail network and improve profitability through increased internalization of waste streams."
This deal marks EnviroSolutions’ second acquisition in the greater New York market in the last 60 days, following the acquisition of ELS’s New Jersey Rail Carriers, LLC (NJRC) waste-by-rail transload and intermodal facility operations located in Kearny, NJ.
About EnviroSolutions, Inc.
EnviroSolutions, Inc. is an integrated solid waste services company that provides solid waste collection, transfer, disposal and recycling services throughout the Mid-Atlantic and Northeast U.S. The Company serves commercial and industrial customers from a network of operations in 10 states. EnviroSolutions, Inc. was founded in late 2003 and is headquartered in Manassas, Virginia. For more information, visit the EnviroSolutions, Inc. web site at http://www.esiwaste.com.