Veransa Group Inc., a waste collection and recycling for re-use company and an environmental, social and governance portfolio company of RFE Investment Partners, has acquired MW Horticulture, a yard waste recycling company.
The deal includes MW’s green and wood waste collections, recycling and organics production facility in Fort Myers, Fla., with an option to acquire MW Horticulture’s LaBelle, Fla. facility. The acquisition combines MW’s organic blended-soil products with Veransa’s product portfolio and expands Veransa’s geographic reach into the South Florida market.
“The acquisition advances Veransa’s strategic priority to expand its footprint and reinforces future growth,” says Marc Owensby, CEO of Veransa. “It allows us to expand further into the rapidly growing South Florida market, while supporting our commitment to producing superior quality organic products, such as our soil-regenerating organic compost, with a zero-waste approach to production, and an unwavering pledge to sustainability.”