Republic Services, Inc. disclosed the acquisition of one of Southern California’s largest independent solid waste companies, Rainbow Disposal Co., Inc. The transaction further enhances Republic’s Southern California footprint, and reinforces the company’s growth strategy to expand its operations through targeted, accretive acquisitions.
Republic has acquired Rainbow’s state-of-the-art business and facilities, which include hauling routes in Huntington Beach, Fountain Valley, Midway City, Westminster, Orange County, Newport Beach and Irvine as well as a recycling facility, a transfer station, a compressed natural gas (CNG) refueling station, and a vehicle fleet, powered by CNG.
As part of the transaction, the primary principals at Rainbow, Jerry Moffatt and Jeff Snow, have joined Republic Services and will lead a newly created business unit of the company based at the Huntington Beach campus. Republic’s new business unit will continue to serve residential and commercial customers, providing waste collection, transfer, disposal, diversified material recovery/recycling and organic composting.
Published in the November 2014 Edition of American Recycler News