Reconomy makes fifth US acquisition via Lincoln Waste Solutions platform to expand its North American footprint

• Acquisition of AOWR adds best-in-class outsourced managed waste services and over 8,000

customers to Reconomy’s fast-growing waste management operations in the US

• Reconomy has now completed five US acquisitions in less than 1 2 months since it embarked on

the next chapter of its growth strategy to attain a leading position in the world's biggest and

most attractive market

• Strengthens the waste management capabilities of Lincoln Waste Solutions, Reconomy’s first US

acquisition and powerhouse brand driving its US strategy

Reconomy, the international circular economy specialist, announces the acquisition of American

Outsourced Waste and Recycling (AOWR).

Headquartered in East Hartford, Connecticut, AOWR is a leading outsourced waste management

business with a national network of more than 8,000 vendors and customers throughout the US and

Canada. It provides a wide range of managed waste services specialising in retail, entertainment,

logistics and restaurant segments.

This latest transaction is in line with the Company’s strategic priorities to gain a leading position in the

US to capitalise on the significant opportunities in this market. The region produces 10x more waste

than the UK, yet has linear resource chains, low recycling rates and an over-reliance on landfill and

incineration. The serviceable US waste management market is estimated at $130bn – 170bn and is

growing at 4-6% p.a*.

It marks Reconomy’s third US acquisition completed this year following the acquisitions of Complete

Solutions & Sourcing and Waste Focus announced in January and brings the total number of US

acquisitions completed to five.

Reconomy’s US strategy is being built around Lincoln Waste Solutions, a leading waste and recycling

management firm with hundreds of major retail and Fortune 500 clients. Acquired in August 2024, this

was Reconomy’s first acquisition in North America. The addition of AOWR adds further capabilities,

capacity, headcount and customers to Lincoln’s growing operations and will help it ramp up growth and

scale across the US.

Guy Wakeley, Chief Executive Officer of Reconomy, commented: “This latest acquisition is another step

on our journey to attain a leading position in the US and reflects our commitment to allocate capital

efficiently to where the most attractive opportunities lie.

“The strategic opportunities for growth across North America are significant. With resources being

consumed faster than they can be replenished, businesses in the US are increasingly recognising the

economic imperative of keeping resources in circulation and are turning to companies like ours to

Reconomy UK Ltd. Kelsall House, Stafford Court, Stafford Park 1, Telford, Shropshire TF3 3BD

01952 292 000 info@reconomy.com reconomy.com

Registered Office as above. Registered in England No. 2951661. VAT Registration No. 790 9484 79.better manage their materials. We look forward to welcoming our new colleagues and to delivering

value to all our stakeholders.”

Michael Williams, EVP Circular Solutions, North America, at Reconomy, said: “This is a very exciting time

for our North American business as we execute on our ambitious M&A strategy at pace to rapidly scale

our waste management operations through our Lincoln Waste Solutions platform. This latest

transaction follows the acquisition of the two US brands we announced in January and strengthens our

platform to drive future growth in this fast-growing, dynamic region.”

John Ayvas, Chief Executive Officer of Lincoln Waste Solutions by Reconomy, said: “We are delighted to

welcome AOWR to Reconomy. They are a great cultural fit and share our commitment to providing

exceptional services to our customers. Following this latest milestone and also our recent rebrand, we

have excellent momentum behind us. I look forward to working closely with Jack and his team to help

our customers unlock commercial opportunities through the circular economy.”

Jack Eighmy, President at American Outsourced Waste & Recycling, said: “I have been impressed by

Reconomy and their clear ambition to become the leader in the US waste and resource management

market. Joining Lincoln Waste Solutions with the backing of Reconomy positions us well to deliver even

better services to our customers and provide increased opportunities for growth with our hauler

partners.”

- ENDS –

Notes

Market Research Future analysis - https://www.marketresearchfuture.com/reports/us-waste-

management-market-21719?utm_source=chatgpt.com

About Reconomy

Reconomy is an international circular economy specialist that combines technology, skills and incredible

people to unlock commercial opportunities for businesses by helping them optimise their resources,

embed efficiencies, prevent waste and circulate materials back into use.

Reconomy’s capabilities are organised into three divisions known as ‘Loops’ - Recycle, Comply, and Re-

use. Recycle loop is focused on waste and resource management. Comply loop helps businesses meet

complex regulatory challenges and Re-use loop delivers end-to-end, omnichannel returns management

and logistics solutions.

Reconomy operates across more than 150 countries, with more than 4,000 colleagues servicing a diverse

range of international customers, including some of the world's largest brands across multiple sectors.

For more information, visit Reconomy’s website - https://www.reconomy.com/

About Lincoln Waste Solutions

Lincoln Waste Solutions by Reconomy is a leading provider of full-service waste and recycling

management solutions, serving multi-location businesses across the U.S., Canada, and Puerto Rico. The

Reconomy UK Ltd. Kelsall House, Stafford Court, Stafford Park 1, Telford, Shropshire TF3 3BD

01952 292 000 info@reconomy.com reconomy.com

Registered Office as above. Registered in England No. 2951661. VAT Registration No. 790 9484 79.company specializes in tailored strategies that maximize cost savings, enhance recycling rates, and

reduce environmental impact.

Backed by an expansive hauler network, expert back-office support, and 24/7 customer service, Lincoln

Waste Solutions delivers a seamless, industry-leading customer experience. For more information on

Lincoln Waste Solutions and its innovative services, visit www.lincolnwaste.com.

Reconomy UK Ltd. Kelsall House, Stafford Court, Stafford Park 1, Telford, Shropshire TF3 3BD

01952 292 000 info@reconomy.com reconomy.com

Registered Office as above. Registered in England No. 2951661. VAT Registration No. 790 9484 79.

Felix Clarke

Partnership Director - Cloudbase Partners

Specialist advice to help you meet the unique challenges of deploying, supporting and managing a remote team.

www.chatwithfelix.co.uk

http://www.cloudbasepartners.com
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