REPUBLIC SERVICES, INC. acquired Santek Waste Services, LLC, a transaction completed in May 2021, structured as Acquisition of all of the membership interests of Santek Waste Services, LLC.
Santek Waste Services, LLC operates in Solid waste collection, transfer, disposal and recycling, is based in United States (southeastern U.S.). In May 2021, Republic Services acquired all of the membership interests of Santek Waste Services, LLC. Santek operated a vertically integrated recycling and waste services business concentrated in the southeastern United States, spanning collection, transfer and landfill operations. Republic folded the business into its core operations, where it complemented the company's existing capabilities and expertise in the environmental services industry. Republic disclosed that the acquisition was not material to its results of operations, individually or in the aggregate, and did not provide a separate purchase price.
Santek's vertically integrated recycling and waste operations complemented Republic's existing core competencies and expertise in the environmental services industry and strengthened its footprint across the southeastern United States.
Advisory firms were not disclosed for this transaction.