Covanta Acquires Two Environmental Services Companies

(RTTNews) - Covanta (CVA), a provider of sustainable waste and energy solutions, on Wednesday announced that its subsidiary, Covanta Environmental Solutions, has acquired Waste Recovery Solutions Inc and Chesapeake Waste Solutions, two privately-held environmental services companies located in Pennsylvania.

The acquisitions will expand Covanta's industrial material management network and capabilities in the Mid-Atlantic region, complementing previous acquisitions of similar businesses in the Midwest and Carolinas. In total, the acquisitions completed to date are expected to contribute about $80 million of annual revenue.