TerraCycle Acquires NLR Inc. to Enhance Northeast Waste Recycling Operations
TerraCycle has acquired NLR Inc., expanding its regulated waste recycling capabilities in the Northeastern U.S. This acquisition enables TerraCycle to leverage NLR's expertise while providing enhanced recycling solutions to customers.
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TerraCycle has completed the acquisition of NLR Inc., a Connecticut-based company specializing in universal waste recycling. This move is part of TerraCycle's strategy to enhance its commercial division and increases its recycling capacity in the Northeast region.
NLR customers will maintain their existing service teams and gain access to TerraCycle's offerings, including Zero Waste Box and bulk recycling programs. The acquisition was financed through proceeds from TerraCycle's Regulation CF offering. With this development, TerraCycle aims to further its mission of advancing a circular economy and enhancing waste management solutions.
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