CLH - Mergers and acquisitions

$225 Million All-Cash Acquisition Adds Regional Hazardous and Non-Hazardous Waste Services Provider with Permitted Assets Transaction Enhances Technical Services and Field Services Businesses Expects ~$4 Million of Annual Synergies, Resulting in Implied Post-Synergy Multiple of 11.8x Clean Harbors, Inc. ("Clean Harbors" or the "Company") (NYSE:CLH), the leading provider of environmental and industrial services throughout North America, today announced the acquisition of Terra Nova Solutions, a regional provider of hazardous and non-hazardous waste solutions for $225 million, which the Company plans to fund with available cash. Based in the Carolinas, Terra Nova operates five sit