Brown Gibbons Lang & Company (BGL) announced the sale of the U.S. Industrial Cleaning Services Division of Veolia Environmental Services North America, LLC, a subsidiary of Veolia North America, Inc. to Clean Harbors, Inc. BGL’s Environmental & Industrial Services team served as the financial advisor to Veolia in the transaction.
Headquartered in Houston, Texas, Veolia’s U.S. Industrial Cleaning Services Division is a national provider of industrial cleaning services with total 2017 revenue of approximately $210 million. Operating from more than 60 locations across the U.S., many of which are nested inside customer facilities, Veolia’s U.S. Industrial Cleaning Services Division provides a broad range of specialized and critical services to an extensive customer base. Such services include industrial vacuuming, hydro-blasting, tank cleaning, chemical cleaning, total waste management, decontamination and transportation.
The division’s workforce, extensive fleet of more than 600 specialized vehicles and equipment, industry leadership in Hands Free™ technologies, and safety have enabled it to become a service partner to a wide range of refining, chemical, automotive, power generation and other industrial customers nationwide.
Published in the April 2018 Edition