Waste management specialist, Cleanaway, has acquired Citywide Service Solutions (Citywide Waste).
The acquisition has expanded Cleanaway’s solid waste services business by an additional 100 fleet units and 200 staff members.
As part of the agreement, Cleanaway has also acquired Victoria’s second-largest waste transfer location, the Dynon Road Transfer Station.
The business will now invest $35 million into the station to transform it into a modern and efficient post-collection hub.
Cleanaway Executive General Manager Solid Waste Services, Tracey Boyes, said the business is delighted to welcome the Citywide Waste team to Cleanaway.
“Together, we’ll continue delivering essential services to Melbourne’s communities while enhancing resource recovery outcomes across the CBD and surrounding areas,” she said.
“The Citywide team has built a successful business and brings deep experience in servicing Melbourne’s inner city.
“Now, as part of Cleanaway, we’re excited to continue serving residents of the City of Melbourne and other major councils, as well as the many commercial and industrial customers who rely on the Dynon Road Transfer Station.”
The potential acquisition was first announced earlier this year.
In other news, Toll Group has announced the appointment of Thomas Knudsen as Executive Chairman.