M&A Deal Summary

Liberty Tire Recycling Acquires Castle Tire Recycling

On January 1, 2024, Liberty Tire Recycling acquired environmental company Castle Tire Recycling

Acquisition Highlights
  • This is Liberty Tire Recycling’s 2nd transaction in the Environmental sector.
  • This is Liberty Tire Recycling’s 2nd transaction in the United States.
  • This is Liberty Tire Recycling’s 1st transaction in Oregon.

M&A Deal Summary

Date 2024-01-01
Target Castle Tire Recycling
Sector Environmental
Buyer(s) Liberty Tire Recycling
Deal Type Add-on Acquisition

Target

Castle Tire Recycling

Portland, Oregon, United States
Castle Tire Recycling is a service provider in collecting, processing, and recycling tire waste. Castle Tire Recycling was founded in 2017 and is based in Portland, Oregon.

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Buyer(S) 1

Buyer

Liberty Tire Recycling

Pittsburgh, Pennsylvania, United States

Category Company
Founded 2002
Sector Environmental
DESCRIPTION

Liberty Tire Recycling is a premier provider of tire recycling services in North America. Liberty collects and recycles used tires for innovative, beneficial re-use. The recycled rubber produced by Liberty is used as crumb rubber and industrial feedstock for molded products; as tire-derived fuel for industrial kilns, mills, and power plants; and as rubber mulch for landscaping and playgrounds. The company maintains a network of processing plants and comprehensive, nationwide collection services. Liberty Tire Recycling was formed in 2002 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector (Environmental) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Oregon) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-16 Lakin Tire

Santa Fe Springs, California, United States

Lakin Tire is one of the premier tire removal and recycling organizations in the United States, with operations throughout the West and Northeast. Using environmentally-friendly processing operations, Lakin Tire serves customers worldwide and is the exclusive tire removal and recycling partner for more than 6,500 individual tire retailers across the country.

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