Covanta Acquires Massachusetts-Based Globalcycle And Global Remediation Services, Advancing Expansion Into Highly Regulated New England Market

Building on a recent series of high-profile acquisitions, Covanta, a premier provider of environmental services for businesses and communities, today announced it is adding Globalcycle and Global Remediation Services to its stable of sustainable solutions. Acquiring these regional leaders in wastewater treatment, recycling and environmental services fast-tracks Covanta's expansion into the highly regulated New England market and advances the company's leadership in sustainable materials management. It also amplifies Covanta's ability to provide more last-mile sustainability solutions to remove unwanted byproducts and refuse and transform them into value-based materials. These additions bring Covanta's tally of acquisitions to seven under the direction of EQT Infrastructure, as it comes on the heels of the recent purchases of SGS Recovery, Frontier Fibers and Buffalo Fuel Corp., Miller Environmental Transfer, and Biologic Environmental Services and Waste Solutions.