Gold Medal To Buy Apple Valley Waste

12/3/18

Gold Medal Group and its wholly-owned subsidiaries, a portfolio company of Kinderhook Industries, LLC and its minority partner BioHiTech Global, Inc. are pleased to announce the acquisition of Apple Valley Waste Services, Inc.. The transaction represents Kinderhook’s 36th investment in the environmental services sector.

Apple Valley is a leading solid waste company that offers collection, processing, disposal, and recycling services throughout the Mid-Atlantic region. Apple Valley services residential and commercial customers in West Virginia under certificates of necessity issued by the Public Service Commission of West Virginia and provides residential and commercial waste collection services in large metropolitan areas such as Baltimore, Washington, D.C., and Southern Pennsylvania.

Apple Valley and BioHiTech are also minority owners of Entsorga West Virginia, a company that is currently constructing the first facility in the United States to utilize Entsorga’s patented HEBioT mechanical biological treatment (“MBT”) technology. By utilizing the HEBioT MBT system, Entsorga West Virginia will recover bio-mass, plastics and other carbon-based materials from the mixed municipal solid waste stream and convert them into a safe alternative fuel source. Once operational, the plant will be able to accept up to 120,000 tons per year of inbound municipal solid waste and convert approximately 45% into solid recovered fuel. Upon opening of the Entsorga facility, Gold Medal will become a vertically integrated solid waste services provider. Less than 20% of the material Gold Medal delivers to the facility will end up in landfills, serving as an example for the rest of the United States as to how to responsibly deal with our nation’s ongoing landfill crisis.

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