LRS announced its largest acquisitions to date: Michigan-based Michiana Recycling & Disposal and Modern Waste Systems. Strategic and expansive, these integrated platform acquisitions bring three state-of-the- art waste and recycling transfer facilities along with dense collections base across 100,000 residential, 9,000 commercial and 25 municipal-based customers covering the greater Michigan and Indiana region. The consolidated operations are supported by more than 200 dedicated and long- tenured employees from Michiana Recycling and Disposal and Modern Waste Systems with all key management continuing as marketplace leaders.
LRS President and CEO Alan T. Handley heralded this transaction as a pivotal moment in the company’s trajectory to becoming one of the national leaders in waste and recycling services: “We are honored today to announce the acquisition of Michiana Recycling & Disposal and Modern Waste Systems. LRS remains committed to providing service excellence to all communities and customers alike. I am incredibly proud to welcome the hard-working, dedicated and talented employees to the LRS family and look forward to carrying the legacy of these great businesses into the future.”
CEO and industry expert Jon Groot highlighted the decision to sell the business to LRS. “Throughout the transaction, it became clear LRS puts its employees and customers first. I look forward to the team’s continued success in providing a great place to work and exceptional service to the communities and employees served throughout Michigan and Indiana. LRS brings a lot to the table for the continued growth and development of not only the business and market area as a whole, but also for the employees. I’m wildly confident they will continue their course of being an industry leader in waste and recycling.”