US Ecology Inc., Boise, Idaho, announced the completion of its previously announced merger with Houston-based NRC Group Holdings Corp. (NRC) on Nov. 1. NRC is a provider of environmental, compliance and waste management services to the marine and rail transportation, general industrial and energy industries. The deal was comprised of an all-stock transaction.
“NRC brings highly complementary services and customers to US Ecology through its substantial nationwide service network, creates a leadership position in standby and emergency response services, expands the scale of key service verticals to drive volume to US Ecology’s fixed facilities while adding specialty waste landfill disposal capabilities focused on oil and gas exploration,” Jeffrey Feeler, president and CEO of US Ecology, says. “We believe the combination creates a true leader in industrial waste management and environmental services that will harness the experience and expertise of each organization to enhance our competitive position, create cross-selling opportunities and operational efficiencies and provide compelling long-term value to both our customers and stockholders.”