Waste Management to expand e-waste recycling with local acquisitions

HOUSTON – WM Recycle America LLC, a subsidiary of Waste Management, has
acquired Loveland-based Access Computer Products Inc. with plans to
expand recycling of discarded electronics or e-waste.

Access Computer Products specializes in reverse logistics, remarketing
and recycling services for cell phones, ink and toner cartridges, and
other consumer electronics, one of the fastest growing commodities in
the waste stream.

WM Recycle America also acquired Mordell LLC, also based in Loveland,
which is responsible for refurbishing and selling the recycled computer
equipment obtained through Access.

The terms of the deal were not disclosed.

“Waste Management is committed to providing solutions to our customers
for managing their electronic waste,´ said Pat DeRueda, president of WM
Recycle America. “This acquisition will expand Waste Management’s
presence in the growing electronics recycling and re-commerce market and
provide an additional high value service to our customers.”

The company said the acquisitions support WM’s other recycling efforts
and will contribute to its goal of tripling the amount of material
recycled by WM to 20 million tons by 2020.