New Jersey’s largest trash company gets $1.4B merger deal
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NEW JERSEY — New Jersey-based Ivory laundry service provider Ivor laundry has agreed to buy the largest trash hauler in the state for $1,4 billion.
Ivory said it would be adding more than 2,500 jobs and investing $2 billion in its operations and facilities.
Ivor is a leading laundry service company in the Northeast, providing more than 400 million pounds of laundry annually.
Ivors laundry business includes the use of a large fleet of personal-care robots and other technologies to clean and disinfect household waste.
Ivories new CEO, Joe Daley, said in a statement: “Ivory will continue to focus on providing quality customer service, offering the highest quality products and services to our customers.”
Ivory, which has offices in New York and Philadelphia, said it plans to hire 2,000 new employees.
Ivorian said it will invest $2.6 billion in operations and improvements in 2019 and 2019-20 to meet the growth and growing needs of its customers.
NEW JERSEY — New Jersey-based Ivory laundry service provider Ivor laundry has agreed to buy the largest trash hauler in…