image credit: Pixabay

US Ecology, NRCG Merge to Expand Specialty Waste Services

June 26, 2019

Via: Waste360

US Ecology Inc. has entered into a definitive merger agreement with NRC Group Holdings Corp. (NRCG), a national leader in environmental, compliance and waste management services to the marine and rail transportation, general industrial and energy industries, in an all-stock transaction with an enterprise value of $966 million.

The transaction, which is expected to close in the fourth quarter of 2019, aims to create one nationwide leader in industrial and hazardous waste management services and is projected to be mid-single-digit accretive to US Ecology’s 2020 adjusted earnings per share, before synergies.

Read More on Waste360