North American Sweeper - January 2021

Page 24

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

Vi si t Us


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