Waste Connections, Inc. announces that it has acquired Groot Industries, Inc. Founded over a century ago in 1914, Groot is the largest privately-owned solid waste services company in Illinois with total annual revenue of approximately $200 million. Groot serves approximately 300,000 customers primarily in northern Illinois from a network of six collection operations, six transfer stations and two recycling facilities.
“Groot is one of the most respected and best in class companies in our industry. With a majority of its operations contiguous to the Rock River assets we acquired in November 2015, Groot solidifies our leading position in these markets, increases potential internalization benefits of their disposal volumes into our existing landfills, and further expands our platform for additional growth opportunities,” said Ronald J. Mittelstaedt, Chief Executive Officer and Chairman. “We are extremely pleased that Jon Groot and Ryan Brandsma will continue to lead Groot, and we expect that Groot’s support and commitments to its employees, customers, and the communities it serves throughout four generations of family ownership will be further strengthened under our stewardship.”
Messrs. Groot and Brandsma added, “We look forward to joining the Waste Connections family and carrying on the Groot name within our markets. We believe Waste Connections’ leadership team, culture, decentralized operating philosophy and growth focus are the best fit for Groot. We previously had looked to acquire Rock River given the obvious merits of such a combination, and are excited to be together under Waste Connections.”
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