Shredding Industry Continues to Consolidate

Shred-It and Stericycle Logos

The following article from Bloomberg News details the acquisition of Shred-It International, a document destruction company by Stericycle, a medical waste company. The Shred Truck™ is a local St Louis MO business. Stericycle Inc., the medical-waste management company, agreed to buy document-destruction provider Shred-It International Inc. for $2.3 billion in cash to expand services to…

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