Veolia, the international environmental services company, announced Monday it has completed its purchase of Pennsylvania-based Clean Earth, a hazardous waste management company.
Veolia, which in North America is involved in nuclear remediation-related work, said the transaction is valued at $3 billion. Clean Earth handles everything from contaminated soil and dredge material to per- and polyfluoroalkyl substances (PFAS), the so-called “forever chemicals.”
The deal should basically double Veolia’s hazardous waste business in the United States and increase its overall U.S. revenue to $6.3 billion, the company said in a Monday press release.