Clean Harbors to acquire HydroChemPSC from Littlejohn for $1.25bn.

Clean Harbors, a provider of environmental and industrial services, agreed to acquire HydroChemPSC, an industrial cleaning company, from Littlejohn, a private equity firm, for $1.25bn. The acquisition, which is subject to regulatory approval and other customary closing conditions, is expected to close in 2021. “Clean Harbors represents the ideal buyer of HPC. Through this transaction, our organization gains access to considerable resources, a broader suite of offerings and the largest network of permitted disposal and recycling assets in North America. We are confident that this combination will provide a meaningful benefit to our customers while enriching career opportunities for HPC employees,” Brad Clark, HydroChemPSC President and CEO.