en.Wedoany.com Reported - TerraCycle's commercial division, TerraCycle Commercial, has announced the acquisition of NLR Inc., a regulated waste recycling company based in Connecticut. This marks the division's fourth acquisition in the regulated and universal waste recycling sector, aimed at further expanding its operational scope and collection capabilities in the northeastern United States.

TerraCycle Commercial provides safe and compliant management services for regulated and universal waste, including mercury-containing fluorescent lamps, electronics, and batteries, to businesses. Previously, the division had acquired Air Cycle Corp., Complete Recycling Solutions, and North Coast Services. NLR becomes its fourth member, extending the service network across the entire northeastern U.S.

Following the acquisition, NLR customers will continue to work with their existing service teams while gaining access to TerraCycle's full suite of solutions, including Zero Waste Box and bulk recycling services for hard-to-recycle materials. Customers can also utilize Complete Recycling and North Coast's R2-certified facilities in Fall River, Massachusetts, and Concord, New Hampshire, for processing materials such as lamps, electronics, cathode ray tubes, mercury devices, batteries, and lighting ballasts.

NLR co-founder Robert E. Robert stated that joining TerraCycle is the right direction for the company's growth. He will continue to manage the NLR division, ensuring team stability and service continuity, while leveraging TerraCycle's scale and resources to deliver greater value to customers. TerraCycle founder and CEO Tom Szaky noted that the regulated and universal waste sector has long been dominated by suppliers focused on compliance rather than innovation. The acquisition of NLR strengthens the company's presence in the Northeast, and TerraCycle is actively raising funds through a Regulation A investment offering to expand the solutions needed in this industry. The other co-founder, Ray Graczyk, president of the Lighting and Mercury Recyclers Association, has retired after shaping national recycling policies and establishing NLR.

It is reported that the acquisition funds primarily came from the proceeds of TerraCycle's recent Regulation CF offering. This reflects the company's strategic plan to develop its commercial division through targeted investments in regulated waste capabilities.

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