HERNANDO, Florida, March 7, 2016 /PRNewswire/ --
National Waste Management Holdings, Inc. (OTC: NWMH) , announced today that it continues to expand and has increased the profitability of Gateway Rolloff Services, L.P. ("Gateway"), since completing the acquisition in December of 2015. Gateway is a portable dumpster service with pick up and drop off collection, specializing in the removal of debris, garbage, waste, hauling construction, and demolition debris located in Odessa, Florida.
Louis Paveglio, CEO of National Waste Management Holdings Inc., stated, "The acquisition of Gateway allowed us to broaden our footprint geographically while gaining economies of scale by combining Gateways' roll-off services with our existing landfill business. Since completing the acquisition in December of last year, we have aggressively expanded this business and are able to offer better rates and comprehensive end-to-end solid waste solutions for our customers. The feedback from customers has been extremely positive and demand for our services in the region continues to grow. This acquisition is further validation of our acquisition strategy and our ability to generate economies of scale and improved profitability of the acquired companies. Importantly, we look forward to announcing similar transactions this year."
About National Waste Management Holdings Inc.:
National Waste Management Holdings Inc., is a growing and emerging vertically integrated solid waste management company with a concentration on C&D collection, hauling and recycling. National Waste services Florida's west coast and upstate New York and is a distinguished leader in solid waste services. More information may be found at the Company's website: http://www.nationalwastemgmt.com .
SAFE HARBOR STATEMENT: This release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934, and are made in reliance upon the protections provided by such Acts for forward-looking statements. We have identified forward-looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company's Form SEC filings.
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SOURCE National Waste Management Holdings Inc