M&A Deal Summary

Versatile Processing Group Acquires Clean Harbors - Transformer Services

On July 5, 2017, Versatile Processing Group acquired environmental company Clean Harbors - Transformer Services from Clean Harbors

Acquisition Highlights
  • This is Versatile Processing Group’s 1st transaction in the Environmental sector.
  • This is Versatile Processing Group’s 6th transaction in the United States.
  • This is Versatile Processing Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2017-07-05
Target Clean Harbors - Transformer Services
Sector Environmental
Buyer(s) Versatile Processing Group
Sellers(s) Clean Harbors
Deal Type Divestiture

Target

Clean Harbors - Transformer Services

Norwell, Massachusetts, United States
Clean Harbors, Inc. - Transformer Services is a well-established business engages in recycling, PCB disposal, oil processing, and field services operations.

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Buyer(S) 1

Buyer

Versatile Processing Group

Indianapolis, Indiana, United States
Category Company
Founded 1995
Sector Metals/Mining
DESCRIPTION

Versatile Processing Group is an industrial processor of nonferrous metals servicing the copper manufacturing, electric utility, and general industries. Versatile Processing Group specializes in recycling nonferrous materials, including copper, brass, aluminum, zinc, tin, silicon and nickel products sourced from a diverse base of suppliers, with particular expertise in difficult-to-process units. Services provided include wire and cable chopping, de-tinning and de-oiling, laboratory analysis, and logistics.

DEAL STATS #
Overall 6 of 6
Sector (Environmental) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 6 of 6
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-07 Lee Metals

Chicago, Illinois, United States

Lee Metals, Inc. is specializes in the recycling and processing of scrap metals and will relocate its operations to Chicago, IL.

Buy -

Seller(S) 1

SELLER

Clean Harbors

Norwell, Massachusetts, United States
Category Company
Founded 1980
Sector Environmental
Employees21,021
Revenue 5.4B USD (2023)
DESCRIPTION

Clean Harbors is a provider of environmental and hazardous waste management services, providing essential services to over 45,000 customers. Clean Harbors was founded in 1980 and is based in Norwell, Massachusetts.

DEAL STATS #
Overall 4 of 6
Sector (Environmental) 2 of 2
Type (Divestiture) 4 of 6
State (Massachusetts) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-11 Lonestar West

Sylvan Lake, Alberta, Canada

Lonestar West, Inc. is a provider of hydrovac and vacuum truck services to the oil and gas and construction sector. It operates a fleet of 140 Hydrovac, Vacuum and Auxiliary units throughout Western Canada, Ontario, California, and the southern United States.

Buy $44M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-23 Veolia North America - Industrial Cleaning Services

Chicago, Illinois, United States

Veolia North America LLC - Industrial Cleaning Services includes industrial vacuuming, hydro-blasting, tank cleaning & separations and many other cleaning and maintenance services for industrial customers.

Buy $120M
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