Clean Harbors (CLH) agrees to acquire oil recycling firm Safety-Kleen for $1.25B. CLH expects...

|By:, SA News Editor

Clean Harbors (CLH) agrees to acquire oil recycling firm Safety-Kleen for $1.25B. CLH expects the deal to immediately add to earnings; Safety-Kleen generated revenues of $1.3B in 2011. CLH says the deal will enable it to penetrate the small quantity waste generator market and broaden its waste treatment capabilities to include re-refining waste oil and expanded solvent recycling capabilities.