Veolia North America Acquires U.S. Industrial Technologies To Expand Its Hazardous Waste Treatment Business
31 Outubro 2023 - 11:00AM
Business Wire
Veolia North America, a leading integrated provider of
environmental services in the U.S. and Canada, today announced that
it has completed the acquisition of U.S. Industrial Technologies, a
Michigan-based provider of total waste and recycling services that
has managed industrial waste streams for automakers as well as
other large manufacturers, medium and small businesses and
governments and municipalities since 1996.
The acquisition will expand the U.S. market share for Veolia’s
Environmental Solutions and Services (ESS) division, which is
already recognized for its ability to provide customized integrated
services for the management and treatment of hazardous,
non-hazardous and recyclable waste for thousands of U.S.
industrial, commercial and government customers.
The transaction includes the acquisition of USIT’s main
operational location in Livonia, Michigan and another operation in
Knoxville, Tennessee. The Livonia center serves as a collection and
storage location for complex waste streams from a wide variety of
customers, most notably in the manufacturing sector. USIT employs
more than 70 people at company-owned and customer facilities.
The acquisition will serve to reinforce Veolia’s commitment to
the depollution of the planet’s ground and water resources, using
recycling and other innovations to eliminate the impact of
hazardous waste materials on the environment. It also aligns with
Veolia’s Purpose, driving innovative environmental solutions for
customers that support the ecological transformation of the
planet.
“This represents a strategic expansion of scope in terms of
volume for VNA’s hazardous waste business, which has a
well-established reputation for service excellence and continues to
grow to meet the challenges and demands across the U.S. for the
safe, sustainable management of complex waste streams,” said Bob
Cappadona, President and CEO of Veolia North America’s
Environmental Solutions and Services business. “We believe this
acquisition is fully consistent with the overall vision and purpose
of Veolia North America to provide services that meet the needs of
our customers and, most importantly, helps our mission to lead the
ecological transformation of the planet.”
Cappadona added, “We could not be more pleased to complete this
transaction with USIT, which over the years developed a reputation
for service excellence that we felt was a perfect match with the
high level of quality service that we insist on at Veolia.” Jerome
Prezekop, the owner of USIT, said he was pleased to work with
Veolia to complete the transaction.
“This marks a logical and strategic next step for USIT, which
has been able to build a strong foothold among its customers and is
now poised to accelerate its growth potential through the
affiliation with Veolia,” he said. “I have a deep appreciation for
Veolia’s culture of safety and compliance and its team-based
commitment to customer service, which is the foundation for USIT’s
success as well.”
The Veolia Environmental Solutions and Services business
provides a full range of waste management services, from collection
to transportation to recycling and disposal. With the acquisition
of USIT, the business will now employ more than 2,300 people at
over 200 locations across the country, providing safe, customized
services for large manufacturers in fields such as technology,
healthcare and pharmaceutical and petro and agriculture chemicals.
The business is also a hub of innovation to support environmental
sustainability, developing pioneering solutions for the recycling
and repurposing of a wide range of materials including wind energy
blades and industrial solvents.
ABOUT VEOLIA GROUP
Veolia Group aims to become the benchmark company for ecological
transformation. Present on five continents with nearly 213,000
employees, the Group designs and deploys useful, practical
solutions for the management of water, waste and energy that are
contributing to a radical turnaround of the current situation.
Through its three complementary activities, Veolia helps to develop
access to resources, to preserve available resources and to renew
them. In 2022, the Veolia group provided 111 million inhabitants
with drinking water and 97 million with sanitation, produced 44
terawatt hours of energy and recovered 61 million tons of waste.
Veolia Environnement (Paris Euronext: VIE) achieved consolidated
revenue of 42.885 billion euros in 2022. www.veolia.com
ABOUT VEOLIA NORTH AMERICA
A subsidiary of Veolia group, Veolia North America (VNA) offers
a full spectrum of water, waste and energy management services,
including water and wastewater treatment, commercial and hazardous
waste collection and disposal, energy consulting and resource
recovery. VNA helps commercial, industrial, healthcare, higher
education and municipality customers throughout North America.
Headquartered in Boston, Mass., Veolia North America has more than
10,000 employees working at more than 350 locations across the
continent.
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Carrie Griffiths Carrie.Griffiths@Veolia.com
Veolia Environnement (EU:VIE)
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