June 27, 2025 (Waste Dive) –
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Outgoing CEO
“I'm really very proud of what we've been doing all together for the last four years. We had have great results,” said Van Heems during an event celebrating the company’s new office in
Sébastien Daziano, Veolia’s senior vice president of strategy, innovation and development, will serve as interim CEO of
VNA moved to a more modern office setup in Boston’s
The company is looking to double its North American footprint in the coming years, through a series of facility investments and acquisitions. The latest example is this week’s announcement that
The largest and most recent is
Ingenium, founded in 2006, has a presence in multiple
“A few years ago they moved a hub of their group from
This follows last month’s news that Ingenium and VNA signed a capacity agreement for the latter’s upcoming hazardous waste incinerator in
Cappadona said both discussions had been underway in parallel, but there was an advantage to finalizing the capacity agreement before the acquisition because “we now have a two-month head start on internalization of the waste volumes.”
VNA previously announced capacity agreements with companies such as Enviri and Tradebe as it works to finalize construction of the major
While the site was previously projected to open in early 2025, Cappadona said the company is now on track to start operations “at the end of this year and then ramp up into ‘26 and ‘27.”
He said hiring is underway, with an estimated 175 employees now on staff and an eventual target of 250. Employees have been rotating through other sites for training as well as learning about the
VNA also recently purchased two
NEDT, which operated for more than 30 years, provides a range of hazardous waste, remediation and spill responses services with an estimated 20 vehicles.
New England MedWaste, which launched in 2017, is notable for developing the only permitted medical waste treatment and storage facility in
Cappadona said VNA aims to have medical waste facilities near large clients, but it’s not looking to compete heavily in a space where WM plans to grow via its recent acquisition of
“We have no intention of being a large scale competitor to Stericycle,” he said. “On the other hand, for us to be able to go into a biotech or pharma company and say, ‘we can take your radioactive waste, we can take your hazardous waste, we can take your special waste, and we can take your medical waste,’ that's important.”
These deals are the latest sign of increased investment activity in the broader environmental services sector, at a time when competitors in Veolia’s markets are also growing. Examples include Republic Services’ 2023 purchase of
VNA has been relatively quiet on waste acquisitions in recent years, reporting one deal in 2023 and a divestiture last year, but Cappadona said that’s expected to change.
Cappadona said VNA is looking to expand in key geographies as well as acquire new technologies that are complementary to the business.
“We consistently are looking at probably 15 different companies for potential M&A opportunities in North America,” he said, noting they range from small to large players and the company’s investment committee is actively reviewing multiple deals. “I believe we'll close on at least one or two of those by the end of next week.”
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