Avenel waste management firm buys Conn. provider

By Eric Strauss
Avenel | Oct 1, 2018 at 10:35 am

Avenel-based ACV Enviro Corp. has acquired CTR Industries Inc., a Connecticut-based provider of industrial services throughout the Northeast, it announced Monday.

ACV, a portfolio company of New York-based Kinderhook Industries LLC, picked up the Bridgeport-based former Connecticut Tank Removal Inc. for an undisclosed price, representing its second add-on acquisition.

“The ACV team is extremely excited to welcome the impressive CTR team to our rapidly growing organization,” ACV CEO Andrew Shackett said in a prepared statement. “Cuturally, the CTR team aligns with ACV’s values of safety, compliance and providing our customers with superb service.”

ACV provides integrated hazardous and nonhazardous waste management services throughout the Northeast from 25 service locations. CTR operates out of four facilities in Bridgeport and Medford, New York.

Potters & Della Pietra LLP was Kinderhook’s legal counsel, while Jacobi Case & Speranzini P.C. was CTR’s legal counsel.

Eric Strauss | estrauss@roi-nj.com | acerimrat