Mazzone & Associates Advises CWI on its Land Acquisition

02/27/2018  —  Mazzone & Associates is pleased to announce it advised CWI Alabama, LLC on its acquisition of a permitted solid waste landfill site. Mazzone & Associates’ Vice President, Stuart Sanford, led the transaction on behalf of CWI, facilitating both deal execution and sourcing of capital.

CWI Alabama, LLC, an affiliate of Atlanta-based CWI Enterprises, has acquired an existing and permitted 162-acre construction demolition and industrial waste landfill in Western Colbert County, Alabama. The site is located between the TVA Colbert Plant and the Barton Industrial Park in western Colbert County. CWI Enterprises is led by waste industry veteran Steve Witmer. "The Mazzone team’s ability to execute this transaction with integrity paired with their knowledge of the industry drove significant value to CWI Alabama’s stake holders,” Mr. Witmer said of his experience working with Mazzone & Associates. “Their ability to troubleshoot a complex acquisition led to a successful transaction for all parties.”

Construction and development of the site will begin immediately and CWI Alabama expects it to be operational by March 1, 2018. The landfill will be constructed and lined in accordance with federal and state regulations. “We are excited to make this market entry after having worked on the project for two years,” Witmer explains. “We look forward to being a responsible environmental services company to our local and regional neighbors and customers.”

CWI Alabama plans to modify the site to better utilize efficient landfill design and expects the site to have a useful life that will exceed 50 years. CWI will market the landfill to municipalities, as well as commercial and industrial customers. The site is currently operated as the Cherokee Industrial Landfill.

CWI Enterprises has more than 20 years of experience as an owner and developer of landfill projects. The company developed the White Oaks Landfill in Monroe, LA after purchasing the landfill in 1999. CWI acquired Delta Disposals in 2004, which was integrated with White Oaks Landfill. By 2010, CWI had established long-term disposal contracts with the cities of Monroe and West Monroe, LA and was providing waste collection services to more than 14,000 residential, commercial, and industrial customers. The business was sold to a large national consolidator in 2010. In addition to the Monroe project, CWI has permitted and developed several oil and gas disposal assets in the southeast as well as four wetland mitigation banks.