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Waste Management to Acquire Controlling Interest in Avangard Innovative's U.S. Business

WM to Acquire Controlling Interest in Avangard Innovative's U.S. Business Background Image

Vinson & Elkins advised Avangard Innovative in a strategic transaction with Waste Management, through which Waste Management will acquire 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 V&E corporate team was led by partner Lande Spottswood and senior associate David Bumgardner; with assistance from associates Matthew Fiorillo, Melissa Sanchez and Ryan Polk. Also advising were senior associate Caitlin Snelson and associate Natalie Harrison; partner Michael Kurzer and associates Marcus Martinez and Ricky Legg; partner Jason McIntosh, counsel Allyson Seger and associates Dan Henderson and Keleigh Carver; partner David D’Alessandro and associates Hayden Rutledge and Keira Kuntz; partner Sean Becker and counsel Martin Luff; counsel Scot Dixon; partner Matthew Dobbins and associate Simon Willis; partner Robert Hughes and associates Bobbi Worbington and Jimmy Chalk; partner Hill Wellford, counsel David Smith and senior associate Ryan Will; senior associate Megan Menniti; and partner Sarah Mitchell.

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For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 12 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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