Meridian Waste Solutions, Inc., an integrated, non-hazardous solid waste services and innovative technology company, today announced the closing of the acquisition of RedX Medical, LLC (d/b/a EnviCare). The transaction expands Meridian’s services into the medical and pharmaceutical waste sector.
EnviCare is a regulated medical waste company which will provide waste transportation and disposal solutions for regulated and specialized waste, pharmaceutical disposal solutions, sharpes management services, controlled substance waste solutions, integrated waste solutions for large healthcare facilities, and compliance training and education for the healthcare industry. EnviCare is based in the Atlanta area with the ability to service the Southeast, and expects to expand to cover the entire United States.
The acquisition of EnviCare builds upon Meridian’s healthcare footprint, established by the acquisition of four companies in 2017. These companies included DxT Medical, LLC (DxT), a national healthcare sales company, as well as LGMG, LLC (d/b/a Verifi Resource Group), a hospital lab management company based in Tulsa, OK, whose services cover several states in the Midwest and South.
“EnviCare complements the services which we offer our current health care customers, as well as expands our network to new markets,” stated Jeff Cosman, CEO of Meridian Waste Solutions. “This acquisition will allow us to further develop our model which enhances community assets and provides a pathway to sustainability for our local environments. By providing services that help the company grow vertically, Meridian will continue to increase the financial value held by our shareholders.”
To read the full story, visit https://globenewswire.com/news-release/2018/01/24/1304307/0/en/Meridian-Waste-Solutions-Acquires-EnviCare-a-Medical-Waste-Disposal-Business.html.