Covanta Acquires Massachusetts-Based Globalcycle And Global Remediation Services, Advancing Expansion Into Highly Regulated New England Market
Acquiring Company
Covanta
Acquired Company
Global Remediation
New YorkEnergySustainabilityNatural ResourcesDescription
Building on a recent series of high-profile acquisitions, Covanta, a premier provider of environmental services for businesses and communities, today announced it is adding Globalcycle and Global Remediation Services to its stable of sustainable solutions. Acquiring these regional leaders in wastewater treatment, recycling and environmental services fast-tracks Covanta's expansion into the highly regulated New England market and advances the company's leadership in sustainable materials management. It also amplifies Covanta's ability to provide more last-mile sustainability solutions to remove unwanted byproducts and refuse and transform them into value-based materials. These additions bring Covanta's tally of acquisitions to seven under the direction of EQT Infrastructure, as it comes on the heels of the recent purchases of SGS Recovery, Frontier Fibers and Buffalo Fuel Corp., Miller Environmental Transfer, and Biologic Environmental Services and Waste Solutions.
Quick answer
Covanta is acquiring Global Remediation and Globalcycle Services, announced January 5, 2023. Covanta is based in New York, United States.
- How much did Covanta pay for Global Remediation?
- The deal value was not disclosed.
- What does Covanta do?
- Covanta is a world leader in providing sustainable waste and energy solutions.
- Where are Covanta and Global Remediation based?
- Covanta is based in New York, United States.
- Who are the decision-makers at Covanta?
- Fundz holds 1 contact at Covanta. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Global Remediation?
Global Remediation was acquired by Covanta, based in New York. The deal was reported on January 5, 2023. Covanta is a world leader in providing sustainable waste and energy solutions. Covanta is privately held and operates in Energy.
When did Covanta acquire Global Remediation?
Covanta's acquisition of Global Remediation was reported on January 5, 2023. Building on a recent series of high-profile acquisitions, Covanta, a premier provider of environmental services for businesses and communities, today announced it is adding Globalcycle and Global Remediation Services to its stable of sustainable solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Global Remediation do?
Global Remediation is the company acquired in this transaction. It is privately held.
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