M&A Deal Summary

Cleanaway Acquires Tox Free Solutions

On December 11, 2017, Cleanaway acquired environmental company Tox Free Solutions for 671M AUD

Acquisition Highlights
  • This is Cleanaway’s 1st transaction in the Environmental sector.
  • This is Cleanaway’s largest (disclosed) transaction.
  • This is Cleanaway’s 1st transaction in Australia.

M&A Deal Summary

Date 2017-12-11
Target Tox Free Solutions
Sector Environmental
Buyer(s) Cleanaway
Deal Type Add-on Acquisition
Deal Value 671M AUD

Target

Tox Free Solutions

Osborne Park, Australia
website
Tox Free Solutions Ltd. is a provider of industrial waste management solutions in Australia. The company has three-segment of business: Technical and Environmental Services, Industrial Services, and Waste Services. Tox Free Solutions was formed in 2000 and is based in Osborne Park, Australia.

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Buyer(S) 1

Buyer

Cleanaway

Melbourne, Australia

website


Category Company
Founded 2002
Sector Environmental
Employees6,000
Revenue 2.3B AUD (2020)
DESCRIPTION

Cleanaway provider of waste management solutions. Customers include municipalities, small and large businesses and other waste companies, and the types of waste handled include solid, liquid, hazardous and oil waste, as well as the provision of industrial cleaning solutions. Cleanaway was founded in 2002 and is based in Melbourne, Australia.


DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Australia) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-30 Western Star Trucks Australia Pty

Wacol,, Australia

Western Star Trucks Australia Pty Ltd a distributor of commercial vehicles, related spare parts and aftermarket support across Australia and New Zealand and portions of Southeast Asia.

Sell $200M