Environmental services provider Clean Harbors Inc has announced that it has reached a definitive agreement with Depot Connect International to acquire its environmental services business for $130 million in cash.

This transaction will significantly enhance Clean Harbors' industrial waste management and recycling capabilities in North America, further consolidating its market leadership. Upon completion of the acquisition, the company expects to integrate relevant assets and teams to improve operational efficiency and expand its customer base. This strategic acquisition aligns with Clean Harbors' long-term development plan to continuously expand its core business footprint.