Tag Archives: Clean Harbors Inc

DAVIS MALM COLLABORATES WITH LONG-STANDING CLIENT CLEAN HARBORS, INC. IN ITS ACQUISITION OF SAFETY-KLEEN, INC.

Davis Malm attorneys C. Michael MalmJohn D. Chambliss, and Daniel T. Janis represented long-standing client Clean Harbors, Inc. (NYSE: CLH) in its recently signed definitive agreement to acquire Safety-Kleen, Inc. Safety-Kleen is the largest re-refiner and recycler of used oil in North America and a leading provider of parts cleaning and environmental services. Under the terms of the agreement, Clean Harbors will purchase Safety-Kleen in an all-cash transaction valued at $1.25 billion. The acquisition is subject to approval by U.S. and Canadian regulators, as well as other customary closing conditions. The transaction is expected to be completed by year-end.

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