Harsco’s $625 Million Acquisition Of Clean Earth


Simpson Thacher represented Harsco Corporation in connection with its acquisition of the parent of Clean Earth, Inc. from Compass Group Diversified Holdings for $625 million.

The transaction is expected to close in the next few months, subject to customary closing conditions, including regulatory approval.

Harsco Corporation is a diversified industrial company providing a range of onsite services and engineered products to the global steel, aluminum, energy and railway sectors.

Clean Earth, Inc. is one of the largest specialty waste processing companies in the U.S. providing processing and beneficial reuse solutions for hazardous wastes, contaminated materials and dredged volumes.

The Simpson Thacher team for the transaction included Mario Ponce (Picture), Sebastian Tiller, Johanna Mayer, Michael Chao, Sara Park, Christopher Scavone and Joshua Harris (M&A); Andrew Blau, Caitlin Lucey and Aria Mahboubi (Employee Benefits); John Creed and Sophie Staples (Tax); Lori Lesser and Alysha Sekhon (Intellectual Property); Steve DeLott (Insurance); Mike Isby and Timothy Mulvihill (Environmental); Sara Razi, Peter Thomas and Joshua Hazan (Antitrust); and Krista McManus and Timothy Gallagher (Real Estate).

Involved fees earner: Andrew Blau – Simpson Thacher & Bartlett; Michael Chao – Simpson Thacher & Bartlett; John Creed – Simpson Thacher & Bartlett; Steven DeLott – Simpson Thacher & Bartlett; Timothy Gallagher – Simpson Thacher & Bartlett; Joshua Harris – Simpson Thacher & Bartlett; Joshua Hazan – Simpson Thacher & Bartlett; Michael Isby – Simpson Thacher & Bartlett; Caitlin Lucey – Simpson Thacher & Bartlett; Aria Mahboubi – Simpson Thacher & Bartlett; Johanna Mayer – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Sara Park – Simpson Thacher & Bartlett; Mario Ponce – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; Christopher Scavone – Simpson Thacher & Bartlett; Sophie Staples – Simpson Thacher & Bartlett; Peter Thomas – Simpson Thacher & Bartlett; Sebastian Tiller – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Harsco Corporation;

Author: Ambrogio Visconti