TerraCycle Commercial of Trenton, New Jersey, has added East Windsor-based NLR Inc. (NLR) to its growing division of regulated waste recycling operations.
The acquisition of NLR is the fourth such transaction made by TerraCycle, which extends the division’s reach and collection capacity across the Northeast. TerraCycle Commercial was built through three prior acquisitions: Air Cycle Corp., Complete Recycling Solutions, and North Coast Services. The sales price was not disclosed.
TerraCycle Commercial equips businesses to safely and compliantly manage regulated and universal waste, including mercury-containing fluorescent lamps, electronics, batteries, and other materials that require specialized handling.
As part of TerraCycle Commercial, NLR customers will continue working with their same service contacts while gaining access to the full range of the company’s solutions, including the Zero Waste Box and bulk recycling solutions for hard-to-recycle materials beyond regulated waste. Customers also gain access to EPA-recognized, Responsible Recycling Standard for Electronics Recyclers (R2) Certified operations through Complete Recycling Solutions’ facility in Fall River, Massachusetts, and North Coast Services’ facility in Concord, New Hampshire. These TerraCycle Commercial facilities process lighting and electronic waste, including mercury-bearing lamps, electronics, cathode ray tubes, mercury devices, batteries, and lighting ballasts in full compliance with local and national regulations.
“Joining TerraCycle is the right next step,” said Robert Robert, NLR co-founder. “Even as TerraCycle continues to grow and expand, the commitment to absolute customer focus will continue. I’ll continue managing the NLR division, and our customers will work with the same dedicated team they always have. Now, with the added scale, capabilities, and reach that TerraCycle brings, we can combine big-company resources with that small-business feeling of deep care.”
Through the acquisition, NLR’s commercial clients gain access to TerraCycle’s full range of recycling, recycled-content, and reuse solutions, extending beyond regulated waste. At the same time, customers across TerraCycle’s network can tap into the sophistication of NLR’s commercial waste services, including the specialized handling and compliance required for regulated and universal waste.
NLR’s East Windsor team remains in place, maintaining service continuity. Co-founder Ray Graczyk, chair of the Association of Lighting and Mercury Recyclers, retires after three decades of shaping national recycling policy and building NLR into a leading regulated waste operator.
“Universal and regulated waste has long been managed by vendors focused on compliance, not innovation,” said TerraCycle founder and CEO Tom Szaky. “Through our active Regulation A investment offering, we are raising capital with a goal of scaling the solutions this industry demands.”
Proceeds from TerraCycle’s recently completed Regulation CF offering funded most of the acquisition, advancing the company’s strategy to grow its TerraCycle Commercial division through targeted investment in regulated waste capacity.
