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New Deal


Announced

Completed

Harsco completed the acquisition of Clean Earth from Compass Group Diversified for $625m.

Financials

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Transaction Value£479m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA9.6x
Share Price Premium-
One Off Charge-

Tags

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waste management

Private

waste processing

Acquisition

United States

Waste and Disposal Services

Completed

Single Bidder

Majority

Friendly

Synopsis

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Harsco, a provider of industrial services and engineered products, has acquired Clean Earth, a provider of processing and beneficially re-using specialty waste, from Compass Group Diversified and certain other minority stockholders for $625m. “This acquisition is expected to create significant strategic and financial benefits for our shareholders and customers, including higher margin and recurring revenues, cost savings and potential cross-selling opportunities beyond what either company could achieve on its own. Clean Earth brings a proven management team and talented employees with a strong track-record of growth and environmental and safety performance.” Nick Grasberger, Harsco Chairman and CEO.

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