Davis Malm Assists Long-Standing Client Clean Harbors, Inc. with Acquisition of Thermo Fluids, Inc.


April 21, 2015 - Boston, MA
For more information contact: Joanne Thorud
(617) 589-3894; jthorud@davismalm.com

Davis Malm attorneys C. Michael Malm, John D. Chambliss, and Daniel T. Janis represented long-standing client Clean Harbors, Inc. (NYSE: CLH) in its recent $85 million acquisition of Thermo Fluids Inc. from Nuverra Environmental Solutions, Inc., a leading provider of full-cycle environmental solutions to the energy end market. With Thermo Fluids’ range of environmental services already in 21 U.S. states, this strategic acquisition aims to expand Clean Harbors’ environmental services customer base and achieve incremental volumes into its hazardous waste disposal facilities. Additionally, Clean Harbors expects to leverage Thermo Fluids’ highly scalable platform of collection facilities, storage capabilities, rail assets and transportation fleet with its existing re-refining infrastructure.

In December 2013, Davis Malm also assisted Clean Harbors with the $60.5 million acquisition of Evergreen Oil, Inc., a California oil re-refinery which filed for Chapter 11 bankruptcy. The transaction was structured such that Safety-Kleen, a Clean Harbors subsidiary, purchased all of Evergreen’s outstanding shares through a bankruptcy plan of reorganization.

Davis Malm has proudly served as Clean Harbors’ counsel since the company’s initial formation in 1980.

About Clean Harbors, Inc.
Clean Harbors is the leading provider of environmental, energy, and industrial services throughout North America. The company serves a diverse customer base, including a majority of the Fortune 500 companies, thousands of smaller private entities and numerous federal, state, provincial, and local governmental agencies. Headquartered in Norwell, Massachusetts, Clean Harbors has waste disposal facilities and service locations throughout the United States, Canada, Mexico, and Puerto Rico. Please visit Clean Harbors' website for more information.

About Davis, Malm & D'Agostine, P.C.
Founded in 1979, Davis Malm is a premier, mid-sized New England law firm. The firm provides sophisticated, cost-effective legal representation to local, national, and international clients in a wide spectrum of industries. The attorneys at the firm practice at the top level of the profession and deliver successful results to clients through direct partner involvement, responsive client service, and practical and creative problem solving. Davis Malm is the member firm for the International Lawyers Network representing Massachusetts and northern New England.

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Davis Malm has proudly served as Clean Harbors' counsel since the company's initial formation in 1980.