M&A

Casella acquires Pennsylvania hauler seeking to triple transfer capacity
Casella Waste Systems announced the acquisition of Pennsylvania waste handler WRRT, which plans to increase the transfer station's daily processing capacity from 500 tons to 1,500 tons, with related permit modifications pending approval.

GFL Environmental closes acquisition of Secure Waste Infrastructure
GFL Environmental announced on Tuesday the completion of its acquisition of Secure Waste Infrastructure, with a transaction value of approximately CAD 6.4 billion. This acquisition will significantly expand GFL's operations in Western Canada, and Secure's CEO Allen Gransch and management team will remain in place. Secure will be delisted from the Toronto Stock Exchange on September 2.

Clean Harbors buying EnviroServe from private equity for $470M
Clean Harbors will buy EnviroServe from private equity firm One Rock Capital Partners for $470 million. The deal adds 40 facilities, including 18 transfer stations, and is projected to generate $25 million in synergies within two years and $250 million in annual revenue.

Total M&A spending in 2026 surpasses $2.7B among top waste companies
In Q2 2026, major waste and recycling companies reported combined M&A spending of more than $2 billion, pushing year-to-date totals past $2.7 billion. The quarter featured large deals by GFL Environmental and Casella, contrasting with a slower Q1. Company executives provided outlooks on future acquisition activity.

BP to sell landfill RNG business Archaea Energy
BP CEO Meg O'Neill stated on Tuesday's earnings call that the company plans to sell Archaea Energy—a landfill gas-to-renewable natural gas (RNG) business acquired about four years ago for approximately $4.1 billion. BP considers Archaea a 'capital-intensive' model that does not align with its current 'capital-light' strategy, and has already received interest from potential buyers.

Arcwood Environmental announces sixth deal since rebrand
Indianapolis-based environmental services provider Arcwood Environmental announced the acquisition of Maryland's Environmental Management Services (EMSI), its sixth acquisition within two years of rebranding. EMSI focuses on hazardous and medical waste management, and the deal will be integrated into Arcwood's existing network. Since EQT Infrastructure's investment, the company has invested $80 million in facility upgrades and spent hundreds of millions of dollars on multiple acquisitions.