Lakeshore Recycling Systems, the nation’s seventh largest privately-held waste and recycling company, has announced its largest acquisition to-date: Maywood, Ill.-based Roy Strom Company, among the most respected independent waste haulers in the Chicagoland market. The milestone addition of Roy Strom to the LRS family positions LRS for accelerated growth throughout Chicagoland and the broader Midwest. Financial terms were not disclosed and the acquisition is effective immediately.
As a result of the combination, LRS gains an extensive, long-tenured residential and commercial customer base, well-positioned Single Stream and C&D recycling operations, and a strategically located transfer facility in Maywood which serves many local operators. More specifically, LRS will now service residents in communities such as River Forest, River Grove, North Riverside, Villa Park, Berkeley, Summit, Willow Springs and unincorporated DuPage County.
Commenting on the acquisition, Roy Strom President George Strom: “LRS is an aggressive waste and recycling industry disrupter with its roots and values planted firmly here in Chicagoland. We are excited about joining this winning organization because they share our values and passion to provide our customers with an exceptional experience, and our employees a rewarding pathway to career success. As the fourth generation of Strom leadership, I am excited to carry on my family’s values of hard work, putting the customer first, and fierce independence; at LRS those values will be preserved for generations to come.”