Waste management company to acquire controlling stake in Avangard Innovative’s U.S. business

Vinson & Elkins advised Avangard Innovative on a strategic transaction with waste management company through which Waste Management will acquire a controlling stake in Avangard Innovative’s U.S. business, which will operate as Natura PCR – an independent company , is expected to expand and improve recycling capacity to produce an estimated 400 million pounds of post-consumer resin annually over five years.

The V&E corporate team is led by partner Lande Spottswood and senior partner David Bumgardner; assisted by colleagues Matthew Fiorillo, Melissa Sanchez and Ryan Polk. Also providing advice were senior partner Caitlin Snelson and partner Natalie Harrison; partner Michael Kurzer and partners Marcus Martinez and Ricky Legg; partner Jason McIntosh, attorney Allyson Seger and partners Dan Henderson and Keleigh Carver; partner David D’Alessandro with partners Hayden Rutledge and Keira Kuntz; partner Sean Becker and attorney Martin Luff; attorney Scott Dixon; partner Matthew Dobbins and partner Simon Willis; partner Robert Hughes and partner Bobby Wabington and Jimmy Chuck; partners Hill Wellford, attorney David Smith and senior attorney Ryan Will; senior partner Megan Menetti; and partner Sarah Mitchell.

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