Waste Connections buys Rock River for $75 million

Waste Connections, Inc. (The Woodlands, Texas) has acquired Rock River Environmental Services Inc. (Rockford, Ill.), a solid waste collection, recycling, and disposal company with annual revenue of $75 million. The acquired operations service 19 counties in central and northern Illinois and include five collection operations, two landfills, one compost facility, one transfer station and one recycling facility. “Rock River should provide us with a platform for additional organic and acquisition growth opportunities, potentially doubling its size within five years,” said Ronald J. Mittelstaedt, Waste Connections’ CEO and chairman. Waste Connections is a publicly traded solid waste company that also provides non-hazardous oilfield waste treatment, recovery and disposal through its R360 Environmental Solutions subsidiary. For the nine months ended September 30, 2015, Waste Connections reported revenue of $1.59 billion and operating income of $330.1 million.