Recycling and Waste Solutions (RWS), a provider of commodity recycling and waste services to the nation’s largest supply chains, is acquiring Sustainable Solutions Group (SSG), a company that provides and manages recycling, waste and sustainability programs for regional and national companies throughout North America. A definitive agreement was signed today; terms of the transaction were not disclosed.
Founded in 2009, SSG focuses on commercial waste reduction and recycling solutions nationwide. The company’s “understanding and dedication to sustainability and the environmental space” fits well with the RWS commitment to provide managed waste and recycling solutions that increase efficiency while decreasing customer costs, according to Anthony DiIenno, president and CEO of RWS. The acquisition will help RWS reach its goals of moving into multi-family and comprehensive facility services.
All current customers, contracts and service levels will remain unchanged, the companies say.
RWS says its waste audits can help companies significantly decrease costs. An audit for the second largest boxboard manufacturer in the US, for example, led to initiating a waste reduction program and recycling campaign that resulted in increased revenue from commodity recycling of $75,000, and annual waste cost reduction of more than $87,000, the company says.