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Nuverra Sells Scottsdale-based Thermo Fluids to Clean Harbors for $85M

Nuverra Sells Scottsdale-based Thermo Fluids to Clean Harbors for $85M

Thermo Fluids Inc. will be recycling used motor oils and other fluids for a new owner as Clean Harbors Inc. bought the Scottsdale company from Nuverra Environmental Solutions Inc. for $85 million.

The deal between Scottsdale-based Nuverra (NYSE: NES) and Norwell, Massachusetts-based Clean Harbors (NYSE: CLH) will give the latter Thermo Fluids' operations in 21 states and its 20,000 customers.

Continue reading at the Phoenix Business Journal

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