TerraCycle Acquires NLR to Expand Universal Waste Recycling
MONTREAL (Recycling Monster): TerraCycle Commercial, a division of TerraCycle, has announced the acquisition of Connecticut-based NLR Inc. The transaction further strengthens its presence in the U.S. universal waste recycling sector.
NLR is the fourth company to join TerraCycle Commercial’s growing portfolio. Earlier, the company had acquired Air Cycle Corporation, Complete Recycling Solutions, and North Coast Services. The latest addition is expected to expand TerraCycle’s collection network and operational reach across the Northeastern U.S. region.
NLR East Windsor Operations to Continue Under Existing Leadership
Further to the acquisition, NLR’s East Windsor operations and workforce will remain in place under the leadership of co-founder Robert E. Robert, thus ensuring uninterrupted service to customers. Meanwhile, co-founder Ray Graczyk will retire after a service spanning almost three decades.
Customers Gain Access to R2 Certified Universal Waste Facilities
Additionally, customers will also have access to EPA-recognized Responsible Recycling (R2) Certified facilities operated by Complete Recycling Solutions in Massachusetts and North Coast Services in New Hampshire.
Acquisition Supports TerraCycle’s Regulated Waste Recycling Strategy
Commenting on the development, TerraCycle CEO Tom Szaky stated that the acquisition promises to significantly enhance the company’s regional collection capacity. The deal is in line with the company’s previously announced strategy to scale innovative solutions for the regulated waste recycling industry.
People Also Ask
Who acquired NLR Inc.?
TerraCycle Commercial, a division of TerraCycle, has acquired Connecticut-based NLR Inc.
How many companies are in TerraCycle Commercial’s portfolio?
NLR is the fourth company to join TerraCycle Commercial’s growing portfolio.
What previous acquisitions has TerraCycle Commercial made?
TerraCycle Commercial previously acquired Air Cycle Corporation, Complete Recycling Solutions, and North Coast Services.
Will NLR’s East Windsor operations change after the acquisition?
NLR’s East Windsor operations and workforce will remain in place under co-founder Robert E. Robert, ensuring uninterrupted service.
What R2 Certified facilities are available to customers?
Customers will have access to EPA-recognized R2 Certified facilities operated by Complete Recycling Solutions in Massachusetts and North Coast Services in New Hampshire.
Overall, the acquisition of NLR Inc. strengthens TerraCycle Commercial’s position in the U.S. universal and regulated waste recycling market, expanding regional collection capacity while maintaining existing operations and adding access to certified facilities for customers across the Northeastern United States.
