Let's Make Some Deals

EQ, Clean Harbors buy other waste firms, while WM invests in plastics company.

Stephen Ursery, Editor, Waste Age Magazine

June 1, 2010

1 Min Read
Let's Make Some Deals

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. "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, in a statement. "This will allow us to provide additional environmental service opportunities and benefits to our current customers."

EQ ranks 19th in this year's Waste Age 100. The listing is Waste Age's annual ranking of the largest private waste management firms based on yearly revenue. Envirite ranked 40th in last year's Waste Age 100.

EQ's purchase wasn't the only notable transaction to take place in the waste industry during the past two months. Norwell, Mass.-based Clean Harbors, which is No. 7 on this year's Waste Age 100, acquired Sturgeon & Son Transportation Inc. for $12.5 million in cash and 16,000 shares of Clean Harbors' common stock. Based in Bakersfield, Calif., Sturgeon & Son Transportation specializes in hazardous waste removal.

Also, a group of organizations (that includes Waste Management) invested $6.9 million in MicroGREEN Polymers Inc. Seattle-based MicroGREEN produces sheets of recycled plastic using a patented technology that it says reduces the amount of plastic needed in the sheets. The companies then sells the sheets to manufacturers.

About the Author(s)

Stephen Ursery

Editor, Waste Age Magazine, Waste360

Stephen Ursery is the editor of Waste Age magazine. During his time as editor, Waste Age has won more than 20 national and regional awards. He has worked for Penton Media since August 1999. Before joining Waste Age as the magazine's managing editor, he was an associate editor for American City & County and for National Real Estate Investor.

Prior to joining Penton, Stephen worked as a reporter for The Marietta Daily Journal and The Fulton County Daily Report, both of which are located in metro Atlanta.

Stephen earned a BA in History from Rhodes College in Memphis, Tenn.

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