Deep Green Waste & Recycling Completes Acquisition of Lyell Environmental Services, Inc.
23 October 2021 - 12:46AM
InvestorsHub NewsWire
NASHVILLE, TN -- October 22, 2021 -- InvestorsHub NewsWire
-- Deep Green Waste & Recycling, Inc. (OTCQB:DGWR), a waste, recycling and remediation
services company for commercial customers, today announced that is
has completed the acquisition of Lyell Environmental
Services Inc. ("Lyell"), a growing environmental
remediation, abatement, and testing company based in Nashville,
Tennessee.
Lyell will operate as a wholly owned subsidiary of Deep Green
Waste & Recycling (the "Company", "Deep Green"), and provide
environmental remediation, abatement, and testing services to
commercial and residential clients over a 200-mile radius around
Nashville, Tennessee.
"Acquiring Lyell is a major milestone in Deep Green's strategic
plan and further positions the Company to capitalize on long-term
growth trends in this industry," said Lloyd Spencer, President and
CEO of Deep Green Waste & Recycling. "We're excited to add
Lyell to the Deep Green team, as their expertise, industry
leadership, and profitable business model fit well with the
Company's focus on profitable and rapidly growing waste, recycling
and environmental services markets."
Working closely with a team of investment funds, the Lyell
acquisition is the first in a series of planned environmental
services acquisitions for Deep Green in the southeastern United
States.
About Lyell Environmental Services, Inc.
Lyell Environmental Services, Inc. is an established commercial
environmental and ecological testing services company based in
Nashville, Tennessee. For more information, visit: https://www.lyellenvironmentalservices.com/
About Deep Green Waste & Recycling,
Inc.
Deep Green Waste & Recycling, Inc. (OTCQB:DGWR) is a waste, recycling and
remediation services which provides sustainable waste, recycling,
and remediation services, and helps commercial customers realize
cost-savings using streamlined processes that help manage, reduce,
and recycle waste streams. For more information,
visit: https://DeepGreenWaste.com.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements that can
be identified by terminology such as "believes," "expects,"
"potential," "plans," "suggests," "may," "should," "could,"
"intends," or similar expressions. Many forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results to be materially different from any
future results or implied by such statements. These factors
include, but are not limited to, our ability to continue to enhance
our products and systems to address industry changes, our ability
to expand our customer base and retain existing customers, our
ability to effectively compete in our market segment, the lack of
public information on our company, our ability to raise sufficient
capital to fund our business, operations, our ability to continue
as a going concern, and a limited public market for our common
stock, among other risks. Many factors are difficult to predict
accurately and are generally beyond the company's control.
Forward-looking statements speak only as to the date they are made,
and we do not undertake to update forward-looking statements to
reflect circumstances or events that occur after the date the
forward-looking statements are made.
For information, please contact:
Lloyd Spencer, President
Deep Green Waste & Recycling, Inc.
13110 NE 177th Place, #293
Woodinville, WA 98072
Phone: (833) 304-7336 / (833) 30-GREEN
Email: Investor@DeepGreenWaste.com
SOURCE: Deep Green Waste & Recycling,
Inc.
Deep Green Waste and Rec... (QB) (USOTC:DGWR)
Historical Stock Chart
From Dec 2024 to Jan 2025
Deep Green Waste and Rec... (QB) (USOTC:DGWR)
Historical Stock Chart
From Jan 2024 to Jan 2025