Clean Harbors To Acquire Hepaco For $400 Mln
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Clean Harbors, Inc. is set to acquire environmental and emergency services company Hepaco LLC for $400 million in cash. This Eastern United States-based company is expected to generate $36 million in EBITDA for 2023 with $270 million in revenues. Clean Harbors aims to achieve $20 million in cost synergies and expects the acquisition to be finalized in the first half of 2024. The acquisition will be financed through existing cash reserves and additional debt financing.
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