Casella Waste signs agreement for acquisition of Mountain State Waste

Casella Waste (CWST) Systems announced that it has signed an agreement for the acquisition of the assets of Mountain State Waste. The transaction is expected to close in the fourth quarter pending regulatory approvals. Mountain State Waste provides residential, commercial, and industrial waste collection services across North Central and Southwestern West Virginia and parts of Ohio, Pennsylvania, and Kentucky. The acquisition includes multiple hauling operations and a transfer station, providing Casella with adjacent geographic expansion into the franchise markets of West Virginia and opening new areas for future growth. The acquired business is expected to generate approximately $30 million of annualized revenues.