EQ Buys EnviriteEQ Buys Envirite
May 19, 2010
EQ – The Environmental Quality Co. has purchased Envirite. Terms of the transaction were not disclosed. The Envirite principals will join EQ in management roles.
Envirite focuses on the treatment and processing of metal bearing liquids and solids.
“Envirite's waste treatment and service capabilities integrated into EQ's extensive facilities and services network will allow us to provide treatment and service capability closer to our customers in three strategic industrial markets,” stated David Lusk, president and CEO of EQ, in a press release. “The addition of the three Envirite facilities enhances our leadership position in waste treatment services.”
“We are excited to partner with EQ's management team and build on the success the company has achieved,” said Tom Yablonski, President of Envirite. “This will allow us to provide additional environmental service opportunities and benefits to our current customers.”
EQ ranked 19th in the most recent Waste Age 100, the magazine's annual listing of the largest private waste management firms based on yearly revenue. Envirite ranked 40th.