Reconomy, the international circular economy specialist, announces the acquisition of Lincoln Waste Solutions LLC, a leading US-based waste and recycling management and consulting firm.
Headquartered in Windsor, Connecticut, and founded in 2005, Lincoln provides a comprehensive, full-service management approach to handle all types of waste and recycling. Its services include recycling, waste consulting, hauler management and back office support. Lincoln’s objective is to work closely with its clients and vendors to achieve higher levels of waste efficiency, recycling, sustainability data and cost savings.
Lincoln achieves this through longstanding relationships with over 6,000 haulers which it leverages to deliver great outcomes and efficiencies.
The transaction is Reconomy’s first US-based acquisition, representing an important strategic milestone for the Company and providing it with a platform to accelerate growth in North America using its tech-enabled, people-powered approach.
It builds on Reconomy’s existing presence in North America. Through its RLG brand, Reconomy already provides the technology that powers the common collection scheme for kerbside recycling in Ontario, Canada. RLG also manages the WEEE and battery compliance obligations for some of the largest consumer electronics brands across the US from its offices in New Jersey.
The acquisition follows a number of recent UK and international acquisitions, including Circle Waste and Sudamin Rohstoff this year, alongside a further five highly complementary transactions in 2023.
This adds further momentum to Reconomy’s rapid international growth, built on the foundation of its market-leading position in the UK where it has been established for over 30 years. It has expanded to operate in more than 80 countries with over 4,000 colleagues servicing over 10,000 customers.
