Clean Harbors has agreed to acquire Western Oil for $30 million as part of a broader push to grow through targeted deals. Management expects the acquisition to contribute $4 million to $6 million in annual adjusted EBITDA and to enhance feedstock for the New Hampshire re-refinery and spill response capacity. Company executives indicated they are actively pursuing additional bolt-on acquisitions that could reshape the company's operational footprint and service reach. The deal adds to Clean Harbors' field services and waste oil collection network in New England, and investors are watching how integration and future deals affect margins and capital allocation.
Clean Harbors IncAcquires Western Oil for $30M, adding EBITDA and expanding operations.