Multi-Office Team Represents WM in Acquisition of Controlling Interest in Avangard Innovative's U.S. Business

A Locke Lord team led by Rachel Fitzgerald (Houston) represented WM in its execution of definitive agreements for the acquisition of a controlling interest in Avangard Innovative’s U.S. business, which will operate as Natura PCR, an independent company expected to scale and grow recycling capacity to produce an estimated 400 million pounds per year of post-consumer resin in five years. The newly formed company will enable WM to rapidly accelerate recycling capabilities for films and clear plastic wraps used commercially. For more information, see the press release. Additional assistance was provided by Mechelle Smith, Eric Larson, Shannon Schroeder, Ashley Lopez, Jerry Higdon, Nick Dickerson, Gislar Donnenberg, Laura Ferguson, Brandon Lobb, Sara Longtain, Tammi Niven, Kevin Peter, Ed Razim, Bill Swanstrom, Jeannie Diep, Rachael Beavers, Elizabeth Corey, Akilah Craig, Andrew Nelson and Lauren Richter (all of Houston), Mark Backofen, Van Jolas, Jani Lotz, Geoff Polma, Brad Weber and Frankie Cybulski (all of Dallas), Jason Ulezalka (New York), Peter Wynacht (Chicago), Alex Cox (Hartford) and Ziwen Zhu (Atlanta).
Posted on September 13, 2022