
The company operates across various business segments/Shutterstock
by Kudakwashe MuzoriwaBahrain’s Arcapita, a global investment firm, has acquired a controlling interest in US-based Waste Harmonics, a waste management firm that caters blue-chip clients throughout North America.
Atif A. Abdulmalik, the Chief Executive Officer of Arcapita, said, “Through our investment strategy, Arcapita aims to help grow Waste Harmonics’ suite of services and customer base by enabling the company to provide nationwide blue-chip clients with mission-critical business services.”
Waste Harmonics was founded in 2001 and is one of the largest managed waste services companies in the US and the company delivers waste collection services across the US, Canada, Puerto Rico and Guam.
The company operates across various business segments and has a platform that provides consolidated waste collection and coordination, recycling and sustainability optimisation as well as compliance reporting and waste stream auditing.
MOST READ
INVESTMENT
Aldar to invest AED 2 million in Abu Dhabi...INVESTMENT
Oil drops 31 per cent as price war erupts...INVESTMENT
India seizes Yes Bank, limits withdrawalsINVESTMENT
ING Groep plans to sell its Turkish unitINVESTMENT
Bahrain considers stake sell in oil assetsINVESTMENT
SABB seeks to boost corporate lendingINVESTMENT
UBS launches new private client program