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Waste Connections Acquires R360 Boost Revenues

Waste Connections Inc. R360 Environmental Solutions, Inc.
AnnouncedSep 18, 2012
TypeCorporate
LocationEagle Ford Shale
Announced Date
September 18,2012
Transaction Type
Corporate




Snapshot
Location
Region
Gulf Coast - South Texas

Country
United States

State
Texas

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Waste Connections, Inc. announced that it has entered into an agreement to acquire the business and operating subsidiaries of R360 Environmental Solutions, Inc. (together, "R360") for approximately $1.3 billion in cash. R360 is a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the oil-rich Permian, Bakken and Eagle Ford Basins. It operates 26 facilities across Louisiana, New Mexico, North Dakota, Oklahoma, Texas and Wyoming and has annualized revenue of…

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