Deep Green Waste & Recycling Acquires Compaction and Recycling Equipment Inc.

MARIETTA, Ga., Nov. 20, 2017 /PRNewswire/ -- Deep Green Waste & Recycling Inc. (OTCMarkets: DGWR), today announced that it successfully closed the acquisition of Compaction and Recycling Equipment Inc. (CARE).  CARE has been in business since 1977. It designs, engineers, fabricates, installs, finances or rents, and services waste equipment.

"The acquisition of CARE is our first acquisition under our strategy to roll-up profitable waste equipment and services companies.  CARE helps us to become vertically integrated, expand our footprint in the Northwest, leverage our combined sales team to cross sell waste management products and services." said Bill Edmonds, Deep Green's Chairman and CEO.  "We believe the combined business will create value for both our investors and the customers we serve."

Gordon Boorse, President and CEO of CARE commented, "We are very pleased to become part of the Deep Green family and excited about contributing to the success of a great and growing company."

Deep Green expects the financial contribution of CARE to be material to the company's combined operating results during the coming 12 months, and will provide further information regarding the transaction in our next quarterly filing.

About Deep Green

We are a full-service waste & recycling company that manages services to and logistics for large commercial properties throughout the continental U.S. We have presence in 35 states across the Midwest, South and East regions of the United States, and serve approximately 300 commercial customers. www.deepgreenwaste.com

Compaction & Recycling Equipment, Inc.

CARE has been in business since 1977 and is recognized as the Northwest's leading designer and supplier of solid waste handling systems.  CARE designs, engineers, fabricates, installs, finances or rents, maintains and services waste equipment.  www.waste-equipment.com

This press release contains forward-looking statements that reflect the Company's current beliefs, expectations or intentions regarding future events.  Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements.  Words such as "will," "will be,"  "anticipate," "predict," "expect" "continue," "future," and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of the Company and are difficult to predict.  Examples of such risks and uncertainties include, but are not limited to: future revenues, expenditures, capital or other funding requirements, the adequacy of the Company's current cash and working capital to fund present and planned operations and financing needs, and the growth of the Company's business and operations through acquisitions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent current Disclosure Statements available at www.otcmarkets.com. The Company anticipates that subsequent events and developments may cause their views and expectations to change. The Company assumes no obligation, and they specifically disclaim any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Deep Green Waste & Recycling, Inc.

Related Links

http://www.deepgreenwaste.com