Dive Brief:
- Waste Connections has acquired A.J. Blosenski, a sizable hauler and recycler based in Elverson, Pennsylvania, according to multiple sources. Waste Connections declined to comment. A representative for A.J. Blosenski did not provide comment as of publication, but customers are being informed of the transition.
- According to a recent company description, A.J. Blosenski has more than 280 employees and over 200 vehicles across its operations. The company describes itself as “one of the largest privately held trash and recycling companies in Pennsylvania.”
- The company also has two key facility assets, the B.D.S.I. Recycling Center and the Conshohocken Recycling & Rail Transfer operation, that are seen as complementary to Waste Connections’ existing operations in the region.
Dive Insight:
Waste Connections’ presence in this part of Pennsylvania has been growing in recent years, and the A.J. Blosenski deal is seen by observers as a logical expansion.
The multigenerational company’s roots go back to 1984, when Anthony J. Blosenski, Sr., started a local business for hauling and other services at the age of 17. He launched this venture with the mentorship of his father, Joseph, an industry veteran. Blosenski Sr. formally incorporated the company in 1994, following the purchase of his first rear-load truck, and it now provides a range of residential, commercial and industrial services around the southeastern Pennsylvania region. The company later grew with the acquisition of a residential route from WM in 2009.
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In 2015, Blosenski also purchased Conshohocken Recycling & Rail Transfer. The rail-served site west of Philadelphia is permitted to handle up to 2,000 tons of C&D material per day. In addition to that site, the company touts its dual-stream B.D.S.I. MRF, which processes an estimated 15,000 tons per year.
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Waste Connections previously expanded in this region with the acquisitions of Penn Waste and Eagle Disposal, as first reported in 2020. The company also owns multiple landfills in the region, among other operations.
During its Aug. 3 earnings call, Waste Connections reported closing 12 deals to date in 2022 worth $245 million in annualized revenue, and it projected it would close deals worth another $225 million in revenue during the third quarter. Other transactions the company has completed recently include the purchase of multiple haulers in California and Lone Star Disposal in Texas.
Source: https://t-tees.com
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