Covanta expands presence in US Midwest with new buy

US-based waste-to-energy firm Covanta Holding Corp. has acquired Wisconsin environmental services company Chief Industrial Services.

Chief Industrial specialises in custom non-hazardous waste management and cleaning services for industrial and commercial customers in the Midwest.

Covanta's subsidiary, Covanta Environmental Solutions, purchased the privately held Chief Industrial for an undisclosed amount, according to a news release.

The move adds two locations to Covanta Environmental and increases the services to current and future customers. The deal also follows Covanta's 2015 acquisition of Milwaukee-based Advanced Waste Services.

"The acquisition of Chief reinforces Covanta's commitment to growing our environmental services business by expanding our non-hazardous liquid and solid waste collection, transportation and waste treatment capabilities," said Paul Stauder, president of Covanta Environmental Solutions.

He added: "We also believe that the integration of Chief with the previous acquisition of Advanced Waste Services will provide opportunities for synergies."

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