Newark-based Interstate Waste Services on Tuesday said it will acquire Middletown, New York-based Donato Marangi Inc. and Cottage Carting Inc., doing business as Marangi Disposal, the largest independent waste collector in Upstate New York.
The deal, which closed this month, follows IWS’ acquisition of Connecticut-based Oak Ridge Waste & Recycling and its subsidiary Action Environmental’s success in securing the largest number of commercial waste zones in New York City earlier this year.
“We’re thrilled to welcome the Marangi team and customers to the IWS family,” Mike DiBella, CEO of IWS, said. “As someone who’s grown up in the waste industry through a local family business, I have great respect for the Marangi family and their legacy. Our longstanding relationship was critical to reaching a successful closing. We remain committed to upholding the values that have made Marangi synonymous with quality and reliability, while enhancing IWS’ integrated service offerings.”
Mike Marangi, CEO of Marangi Disposal, will remain with the company post-acquisition as part of the IWS family, ensuring a smooth transition and continued dedication to service excellence.
“We are excited to merge our operations with IWS and expand the service offerings we provide to our customers and communities,” Marangi said. “With a 25-year professional relationship rooted in shared family values and a commitment to excellence, this partnership is a natural fit.”
The acquisition adds over 50 collection vehicles and 40 routes to IWS’ operations, nearly doubling its presence in Upstate New York. It strengthens IWS’ existing regional infrastructure, which includes a waste-by-rail transfer network and a state-of-the-art $30 million recycling facility set to open in North Arlington later this year. These resources position IWS to deliver fully integrated services to Marangi’s customers while driving further growth and efficiency in the tristate area.
Key IWS advisers included Alvarez and Marsel, who provided transaction diligence support, and law firm Chiesa Shahinian & Giantomasi, representing the company in legal matters.
