Liberty Tire Recycling, based in Pittsburgh, Pennsylvania, acquired Colt Tire Recycling to expand its tire collection operations and recycled rubber applications in Louisiana.

Acquirer:Liberty Tire Recycling
Target:Colt Tire Recycling
Deal value:Undisclosed
Type of deal:Acquisition (100.0% stake)
Close date:2026-07-16
Announcement date:2026-07-16
Financial advisors (buy-side):Not disclosed
Financial advisors (sell-side):Not disclosed
Legal advisors (buy-side):Not disclosed
Legal advisors (sell-side):Not disclosed

The acquisition aims to bolster Liberty Tire Recycling's presence in the Louisiana market, enhancing its recycling efforts and expanding its reach in tire collection services. By taking over Colt Tire Recycling, Liberty Tire Recycling seeks to strengthen its operational footprint along the Gulf Coast.

Strategic Rationale

The acquisition of Colt Tire Recycling underscores Liberty Tire Recycling's commitment to environmental sustainability and resource recovery within the utility sector. This move is part of a broader strategy aimed at increasing its market share in recycling initiatives, particularly concerning tire waste management.

Financial Context

Details on financial terms were not disclosed by either party involved in the deal. Nonetheless, this strategic acquisition reflects Liberty Tire Recycling’s long-term vision to fortify its position as a leading player in tire recycling and rubber product manufacturing across North America.