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RTS Annouces Acquisition Of Food Waste Recycler Ambrosia; RTS Advances Waste Reduction Capabilities with Circular Economy Initiatives

Oct 26, 2020 - PR Newswire
Mergers and Acquisitions

PR Newswire

 Recycle Track Systems, Inc. (RTS) today announced the acquisition of Industrial Organic PBC (DBA Ambrosia), a closed-loop manufacturing company that turns food waste into circular products and commodities, furthering RTS's commitment to sustainable solutions for waste management. This is the company's third acquisition since launching in 2015.

"Food waste is the top contributor to landfills at nearly 80 billion pounds disposed of in the US annually."

As a waste a...