Announced
Completed
Financials
Tags
Environmental Consulting
Private Equity
environmental services
Friendly
Private
Domestic
Single Bidder
United States
Acquisition
Majority
Completed
Synopsis
EQT-backed Covanta, a sustainable materials management company, completed the acquisition of Circon, a full-service provider of environmental services, from Kinderhook Industries, a private equity firm. Financial terms were not disclosed. “With the acquisition of Circon, we have rapidly accelerated our path to becoming the premiere leader of sustainable materials management. Circon’s stunning suite of carbon negative solutions is a gamechanger for Covanta, and we are excited for the new value creating avenues of growth we have ahead of us, especially in the fields of wastewater and the emerging alternative fuels field for decarbonizing kilns,” Azeez Mohammed, Covanta President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.