Ricova Group
Ricova Group is a family-owned Quebec waste management and recycling company offering container rentals, municipal collection, sorting, and global commercialization of recyclables. It serves 90 municipalities in Greater Montreal and 200+ commercial businesses, with a 170-truck CNG fleet and 130,000-ton annual sorting capacity.
- Company typePrivate
- Founded2001
- HeadquartersBrossard, Canada
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Ricova Group does
Ricova Group is a family-owned, Quebec-based waste management and recycling company founded in 2001. It operates as the only fully integrated Quebec-owned operator in its segment, managing the full value chain from container rental, collection, and transport through sorting and material commercialization. The company serves approximately 90 municipalities in the Greater Montreal area, more than 200 commercial businesses enrolled in its Zero Waste program, and residential and IBI (industrial, business, institutional) customers reached through municipal contracts. Its product portfolio spans front-loading and rear-loading containers (2–8 yards), rear-loading bins (240L–360L), roll-off containers (10–40 yards), semi-buried containers, and compactors.
The company operates a fleet of more than 170 trucks — including a CNG-powered segment with dedicated refuelling infrastructure in Châteauguay, designed to bridge to Renewable Natural Gas — and two sorting facilities: one in Châteauguay, QC (approximately 40,000 tons/year, acquired in 2020) and one in Clifton, NJ (approximately 90,000 tons/year, acquired in 2009), totaling roughly 130,000 tons of annual processing capacity. Materials recovered include cardboard, mixed paper, plastics (PET, HDPE, LDPE, PP), and metal scrap, which are sold to paper mills and manufacturers across North America, South America, Africa, and Asia, with nearly 70% of paper exports going to the Indian subcontinent.
Ricova makes money through three primary streams: (1) container rental services to commercial customers, with unit pricing that includes base rental periods and tonnage allowances plus overage fees (e.g., $15/day extra, $145/ton over allowance, 24% annual interest on overdue invoices); (2) managed municipal collection contracts with 90 Greater Montreal municipalities, acquired through competitive bidding; and (3) transaction-based revenue from material trading and commercialization of recyclables to global buyers. Its go-to-market combines direct sales for commercial accounts (with a self-serve reservation platform at reserve.ricova.com), competitive municipal contract bidding, and industry event participation (UMQ, District Habitat, Salon de l'Habitation).
Ricova Group firmographics
Firmographics- Name
- Ricova Group
- Legal name
- Groupe Ricova Inc.
- Website
- https://ricova.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Ricova Group is a family-owned Quebec waste management and recycling company offering container rentals, municipal collection, sorting, and global commercialization of recyclables. It serves 90 municipalities in Greater Montreal and 200+ commercial businesses, with a 170-truck CNG fleet and 130,000-ton annual sorting capacity.
- Ownership category
- akta.pro rank
Ricova Group industry classification
Industry- Product category
- Waste Management and Recycling Services
- NAICS
- Solid Waste Collection (562111), Materials Recovery Facilities (562920)
- SIC
- Refuse Systems (4953)
- akta.pro primary industry
- Commercial & Office Waste Collection (Non-hazardous) (EUAIAGAA)
- akta.pro secondary industries
- Recycling Transfer & Consolidation (Single-Stream, Dual-Stream, Source-Separated) (EUAIABAC), On-site Recycling Programs (Single-Stream, Source-Separated) (BPABALAB), Bulky Item & White Goods Collection (EUAIAAAH)
Keywords
Where Ricova Group is headquartered
LocationHeadquarters
- HQ city
- Brossard
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Ricova Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Container Rental Services: Revenue from renting various container types (front-loading, rear-loading, roll-off, semi-buried, compactors) to commercial businesses. Pricing includes base rental periods with additional charges for extra days, excess tonnage, and contamination.
- Municipal Waste Collection Contracts: Recurring revenue from serving 90 municipalities in Greater Montreal area with waste, recycling, organic matter, bulky items, green waste, and Christmas tree collection services for residential, apartment buildings, and IBI sectors.
- Material Trading and Commercialization: Sale of recycled materials including cardboard, waste paper (OCC, mixed paper, newsprint, DLK, sorted office paper, polycup, tissue waste, kraft bags), plastic scrap (PET, HDPE, LDPE, PP), and metal scrap (aluminum cans, HMS 1, HMS 2). Materials are sold locally in North America or exported internationally, with nearly 70% exported to the Indian subcontinent.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Container rental with included rental period and tonnage |
| Other | Pay-as-you-go | Additional services and fees |
| Quote-based/ custom | Pay-as-you-go | Commercial and roll-off container rental |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Ricova Group product offering
Product offeringCore offering
Ricova Group provides integrated waste management and recycling services across the Greater Montreal area and beyond. The company rents containers of multiple configurations to commercial clients, collects waste, recyclables, and organic materials from 90 municipalities and 200+ businesses, sorts materials at facilities in Châteauguay (QC) and Clifton (NJ), and trades recovered commodities (cardboard, paper, plastics, metals) to paper mills and manufacturers worldwide.
Product overview
Ricova Group offers a comprehensive waste management and recycling solution portfolio built around container rental services. The product line includes front-loading containers (2-8 yards), rear-loading containers (2-8 yards), rear-loading bins (240L-360L), roll-off containers (10-40 yards), semi-buried containers (front and crane loading), and compactors (integrated, stationary, vertical). These products are complemented by four core services: container rental, waste collection and recycling (serving 90 municipalities in Greater Montreal with 150+ trucks), sorting facility operations (with facilities in Châteauguay, QC and Clifton, NJ), and international trading/commercialization of recycled materials (cardboard, paper, plastics, metals). The company operates as a fully integrated Quebec-owned enterprise, managing the complete recycling chain from collection through material processing and global marketing.
Differentiator
Problem solved
Functional benefit
Products and services
- Front-Loading Containers (2 to 8 Yard)
- Rear-Loading Containers (2 to 8 Yard)
- Rear-Loading Bins (240L and 360L)
- Roll-Off Containers (10 to 40 Yard)
- Semi-Buried Containers
- On-site Waste Compactors
- Waste Collection and Recycling Service
- Sorting Facility Operations
- Recycled Material Trading and Commercialization
Quantifiable outcome
- Serves 90 municipalities in Greater Montreal area
- +3 more outcomes
Companies that use Ricova Group
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles3 records
Ricova Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Ricova Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- District HabitatminorEvent partnership for District Habitat (November 8-10, 2024). Ricova participates as an exhibitor/sponsor to connect with potential commercial and residential customers.
- UMQ (Union des municipalités du Québec)corePartnership with UMQ for annual event (May 22-24, 2024). UMQ represents Quebec municipalities, making this partnership strategically important for municipal contract acquisition.
- Salon de l'HabitationminorEvent partnership for the home and construction show (March 7-10, 2024). Opportunity to reach homeowners and small contractors for container rental services.
- Meteo-MediaminorMedia partner shown on partnerships section of website. Collaboration for weather-related environmental messaging or co-marketing opportunities.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Ricova Group competitors and assessment
Company assessmentBroad incumbents
- Stericycle: Specialized waste services provider with regulated waste streams alongside recycling and document destruction; broader portfolio than Ricova but overlapping in commercial recycling and waste collection.
- Republic Services: One of the two largest U.S. waste and recycling incumbents; competes with Ricova for municipal and commercial contracts and operates the broad MRF network Ricova also participates in as a sorting player.
- Waste Management Inc. Largest North American waste and environmental services provider; competes with Ricova in collection and recycling across the broader region and sets the bar on large-scale integrated recycling operations.
Direct peers
- Rumpke Waste & Recycling: Family-owned regional waste hauler and recycler operating collection routes, recycling facilities, and material marketing — closely comparable mid-market integrated model and family-owned character to Ricova.
- Casella Waste Systems: Regional vertically integrated solid waste, recycling and resource management operator in the U.S. Northeast — directly comparable mid-market combination of hauling, recycling, and organics comparable to Ricova's Quebec footprint.
- GFL Environmental: Canadian-headquartered full-service waste management and recycling company with solid waste collection, recycling, sorting and material trading — directly comparable vertically integrated North American model to Ricova, only at much greater scale.
- Waste Connections: Large North American solid waste, recycling and material recovery operator with municipal and commercial collection contracts across the U.S. and Canada — directly comparable business model to Ricova's hauling-plus-MRF approach.
Others
- Clean Harbors: Largest North American provider of environmental and industrial services, including hazardous waste handling adjacent to Ricova's organic and recycling operations; ecosystem-adjacent rather than a direct hauler competitor.
Regional players
- Terrapure Environmental: Canadian environmental services company providing waste management, recycling and industrial services across multiple provinces — comparable product set to Ricova, with overlapping Canadian municipal customer base.
- Sani-Eco: Quebec-based solid waste collection and recycling company serving the same Greater Montreal geography as Ricova, including municipal commercial and residential collection contracts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Ricova Group social profiles
Digital presenceRicova Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ricova Group leadership team
Management profileNumber of profiles
Ricova Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ricova Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ricova Group
What does Ricova Group do?
Ricova Group provides integrated waste management and recycling services across the Greater Montreal area and beyond. The company rents containers of multiple configurations to commercial clients, collects waste, recyclables, and organic materials from 90 municipalities and 200+ businesses, sorts materials at facilities in Châteauguay (QC) and Clifton (NJ), and trades recovered commodities (cardboard, paper, plastics, metals) to paper mills and manufacturers worldwide.
Is Ricova Group a public or private company?
Ricova Group is a private company. It is classified as family owned and is currently operating.
When was Ricova Group founded?
Ricova Group was founded in 2001. It employs 251 to 500 people.
Where is Ricova Group based?
Ricova Group is headquartered in Brossard, Canada, in the North America region.
How does Ricova Group make money?
Three revenue lines are on record. Container Rental Services are the primary driver. The others are municipal Waste Collection Contracts and material Trading and Commercialization.
Who are Ricova Group's main competitors?
Broad incumbents on record are Stericycle, Republic Services and Waste Management Inc.. Direct peers are Rumpke Waste & Recycling, Casella Waste Systems, GFL Environmental and Waste Connections. Clean Harbors is listed as an others. Regional players are Terrapure Environmental and Sani-Eco.
Does Ricova Group have an API?
No public API is recorded for Ricova Group.
What industry is Ricova Group in?
Ricova Group's product category is Waste Management and Recycling Services. Its primary akta.pro industry code is EUAIAGAA, Commercial & Office Waste Collection (Non-hazardous), with a secondary code of EUAIABAC, Recycling Transfer & Consolidation (Single-Stream, Dual-Stream, Source-Separated). Its NAICS code is 562111 and its SIC code is 4953.