Announced
Completed
Financials
Tags
Completed
United States
hazardous waste transportation
Acquisition
Friendly
processing solutions
Majority
Single Bidder
Environmental / Waste Management
Private
Domestic
Disposal
Synopsis
Harsco, a provider of industrial services and engineered products, completed the acquisition of Stericycle’s Environmental Solutions Business, an established hazardous waste transportation and processing solutions provider, for $463m. "The addition of ESOL to the Clean Earth hazardous waste platform is a unique opportunity to bring together two highly complementary, market-leading waste management portfolios. The leadership team at Clean Earth is very familiar with the ESOL business, and we see a significant opportunity to optimize these combined businesses and unlock the additional value creation potential of the ESOL assets. We look forward to welcoming the ESOL team to Harsco and realizing the benefits of this highly strategic and accretive transaction," Nick Grasberger, Harsco Chairman and CEO.
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