Stella Environmental Holdings, Inc., which provides transfer station management and municipal waste logistics services, has purchased Central Missouri Transfer, LLC.
Headquartered in Saint James, Missouri, CMT is a provider of transfer station management services throughout Missouri and Arkansas. CMT will provide significant density to Stella’s existing network in the area.
“This acquisition strengthens our position in the transfer station management industry by expanding our reach and deepening our capabilities throughout the Midwest. CMT is an ideal fit with Stella given its strong customer relationships and focus on top notch service,” said Heath Eddleblute, CEO of Stella.
“The CMT team is very excited to join market leader Stella”, said Scott Gahr, founder of CMT. “Joining a larger platform will allow us to pursue additional growth opportunities and gain operational efficiencies in the market.”
Stella was formed as a standalone company after the acquisition by Hidden Harbor Capital Partners from Action Resources in August 2017. Stella’s acquisition of CMT closed on December 31st, 2020.
Stella provides outsourced transfer station management services, including the loading and transportation of waste from in-town processing facilities to remote landfills, to integrated waste companies and municipalities.
Terms of the deal were not disclosed.