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Veransa Expands Its Footprint With New Acquisition

Veransa Expands Its Footprint With New Acquisition

Veransa, a Zero-Waste Leader in Transforming Green & Wood Waste Into Beneficial Re-Use Products, Expands Its Footprint Further Southward With New Acquisition.

Veransa Group, Inc, a zero-waste leader in transforming green & wood waste into beneficial re-use products on an industrial scale through vertical integration of waste collection/recycling centers with organic products manufacturing facilities, announced the acquisition of MW Horticulture (“MW”) as it continues a period of significant growth.

The deal, which formally closed on October 19, 2022, includes MW’s green and wood waste collections, recycling, and organics production facility in Fort Myers, FL with an option to acquire MW Horticulture’s LaBelle, FL facility. The acquisition integrates MW’s extensive range of specialized organic blended-soil products into Veransa’s product portfolio and extends Veransa’s geographic reach into the rapidly growing South Florida market.

See related articles: Stellantis Targets $1.9 Billion in Recycling Revenue by 2030, McKinsey: Scaling textile recycling in Europe—turning waste into value, LyondellBasell and Shakti Plastic Industries Sign Memorandum of Understanding to Advance Mechanical Recycling in India

The Fort Myers facility will be modernized under Veransa’s management and strict safety and operational procedures and fall under a new South Florida division of the Veransa Group, led by the General Manager of Veransa South Florida. The acquisition will extend Veransa’s processes for ensuring the safest and most efficient high-volume processing of yard & wood waste, and production of high-quality organic products.

“We are excited to integrate MW into the Veransa Group. The acquisition advances Veransa’s strategic priority to expand its footprint and reinforces future growth. It allows us to expand further into the rapidly growing South Florida market, while supporting our commitment to producing superior quality organic products, such as our soil-regenerating organic compost, with a zero-waste approach to production, and an unwavering pledge to sustainability,” said CEO Marc Owensby.

“By acquiring MW, Veransa will increase its organic soil-products portfolio to incorporate more specialized blends, including several agricultural and nursery mixes, which we can produce in bulk. Veransa is already the largest recycler of yard and wood waste in Central and SW Florida with five facilities in Southwest Florida. This acquisition will only increase our share of green and wood waste intake, while maintaining our standing as the largest manufacturer of superior quality organic compost, mulches and soils in the area,” said COO, Kevin Dunlap.

Source: Veransa


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