Waste Industry Briefs.(General Environmental Management Inc. acquired Pollution Control Industries Inc.)(San Diego to improve sewage collection system)(Institute of Scrap Recycling Industries's membership)
Waste News, August, 2006
Environmental Management
Ind. company bought for $35 million
General Environmental Management Inc., of Pomona, Calif., has agreed to buy Pollution Control Industries Inc., of East Chicago, Ind.
Both companies provide environmental and waste remediation services.
General Environmental Management agreed to pay $35 million in cash for Pollution Control Industries, and company officials expect the deal to close by Sept. 30, pending regulatory approvals.
"With this acquisition, GEM will become a full-service provider of environmental solutions on a national scale, as we will be able to duplicate our western U.S. region platform in multiple U.S. markets through a roll-up strategy serviced by PCI's treatment, storage...
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