Allied Waste Industries, Inc. completes acquisition of New Mexico Collection Company

Allied Waste Industries, Inc. (NASDAQ: AWIN) announced today the acquisition of Environmental Control, Inc. ("ECI"), a solid waste collection and recycling company operating in Santa Fe, Silver City and Los Alamos, N.M. The company's revenues exceeded $2.3 million in 1992. Total consi...

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Bibliographic Details
Published inPR Newswire p. 1
Main Author Ruth, David M K
Format Newsletter
LanguageEnglish
Published New York PR Newswire Association LLC 29.04.1993
Subjects
Acquisitions & mergers
Southwest
Waste management industry
TX
United States > US
Houston
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Summary:Allied Waste Industries, Inc. (NASDAQ: AWIN) announced today the acquisition of Environmental Control, Inc. ("ECI"), a solid waste collection and recycling company operating in Santa Fe, Silver City and Los Alamos, N.M. The company's revenues exceeded $2.3 million in 1992. Total consideration for the acquisition was approximately 388,000 shares of Allied common stock. Roger A. Ramsey, Allied's chairman, stated, "The ECI acquisition serves to further the integration of Allied's existing operations in the northern New Mexico markets of Taos, Eagle Nest, Red River, Angel Fire, Springer and Colfax County. The founder of ECI, Robert Haspel, is a leader in recycling and collection in New Mexico and will be joining Allied as a consultant on recycling matters." (excerpt)