AcquisitionsThe recent acquisition of HEPACO by CLH is expected to bolster its Environmental Services revenue by 6% and add $30MM of adjusted EBITDA in 2024, along with $20MM of cost synergies post-acquisition, showcasing the company's strategic growth and synergy realization.
Market DemandCLH is capitalizing on the structural demand improvement in its core markets, with strong demand for industrial & hazardous waste services and a commitment to employee retention that supports top-line growth, reflecting a robust business model with potential for margin expansion and earnings growth.
Strategic PartnershipsCastrol, one of the world's largest lubricant suppliers, has launched Castrol MoreCircular, a partnership with CLH’s Safety-Kleen Sustainability Solutions, to re-refine waste oil into premium Castrol brand lubricants, signaling innovation and commitment to sustainability in the industry.