AA SSO CC I AT I OI O NNI NI N S ISDI D ER SO I AT ER
IN THE NEWS
LRS ACQUIRES ROY STROM COMPANY INSMILESTONE UNION CEMENTING I NI N DD EX P T LT ILGI G HH TT EX SO PO LRS AS THE MIDWEST’S LARGEST PRIVATELY-HELD WASTE PROVIDER CHICAGO, ILLINOIS, UNITED STATES, January 4,
LRS also announced that George Strom will continue
2021 – Lakeshore Recycling Systems is (“LRS”), the
with LRS as Area Vice President, leading operations at LRS’
nation’s seventh largest privatelyheld waste and recycling
Roy Strom facilities in Maywood. Roy Strom Company
company, today announced its largest acquisition to-date:
is the third and largest in a series of recent acquisitions
Maywood, Ill.-based Roy Strom Company (“Roy Strom”),
announced by LRS at the turn of the New Year.
among the most respected independent waste haulers
LRS Chief Executive Officer Alan T. Handley heralded
in the Chicagoland market. The milestone addition of Roy Strom to the LRS family positions LRS for accelerated growth throughout Chicagoland and the broader Midwest. Financial terms were not disclosed and the acquisition is effective immediately.
the acquisition as symbolic and
“...its roots and values planted firmly here in Chicagoland”.
As a result of the combination,
representing a transformation for the company as it positions for explosive growth. “For more than seventy-five years, Roy Strom Company has built a rich legacy as one of the most respected independent waste and recycling leaders in Chicago,” Handley said. “This critical partnership
LRS gains an extensive, long-tenured residential and
demonstrates how trusted LRS remains as a first-choice
commercial customer base, well-positioned Single Stream
acquirer for independent, family-owned waste and
and C&D recycling operations, and a strategically located
recycling companies throughout the Midwest.”
transfer facility in Maywood which serves many local
Handley added “LRS has been built by entrepreneurs
operators. More specifically, LRS will now service residents
with many of the acquired businesses’ family members
in communities such as River Forest, River Grove, North
continuing to serve as key executives throughout the
Riverside, Villa Park, Berkeley, Summit, Willow Springs and
organization. Maintaining our entrenched local roots with
unincorporated DuPage County.
an unyielding commitment to the customer experience
Commenting on the acquisition, Roy Strom President
differentiates LRS and fuels our growth and innovation.
George Strom: “LRS is an aggressive waste and recycling
LRS remains the local alternative to large national waste
industry disrupter with its roots and values planted firmly
haulers who lack the community connection so essential to
here in Chicagoland. We are excited about joining this
successful waste and recycling service delivery.”
winning organization because they share our values and passion to provide our customers with an exceptional
Lakeshore Recycling Systems (LRS), is North America’s
experience, and our employees a rewarding pathway
seventh-largest privately-held waste and recycling company.
to career success. As the fourth generation of Strom
For more than 20 years, LRS has specialized in providing
leadership, I am excited to carry on my family’s values
comprehensive, fully integrated waste diversion and recycling
of hard work, putting the customer first, and fierce
services for hundreds of thousands of residential . To learn
independence; at LRS those values will be preserved for
more visit www.LRSrecycles.com.
generations to come.”
2 4 NORTH AMERIC AN S WE E P E R JA NUA RY 2021
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