In a December 2014 news release - PRNewswire/ -- Republic Services, Inc. and Calgary, Alberta-based Tervita Corporation announced that the companies had entered into a definitive agreement whereby a subsidiary of Republic Services would acquire Tervita, LLC, a subsidiary of Tervita Corporation. Tervita is a leading pure-play environmental waste solutions provider serving oil and natural gas producers in the United States.
Tervita's geographic footprint spans across some of the most attractive domestic basins, including the Permian, Eagle Ford and Bakken. Tervita provides oilfield waste services to its diverse customer base and operates three types of waste management and disposal facilities: treatment, recovery and disposal (TRD) facilities; engineered landfills; and salt water disposal (SWD) injection wells. Additionally, Tervita provides closed loop solids control systems and transportation services.
"The acquisition of this vertically integrated operation allows Republic Services to establish a significant platform in the E&P waste sector and positions us well for future growth opportunities," said Donald W. Slager, president and CEO of Republic Services. "Additionally, Tervita's environmentally committed operations complement our core competency and expertise in waste handling, recovery and disposal."
Republic Services completes acquisition of Tervita, LLC.
In a more recent news release dated Feb. 17, 2015 /PRNewswire/ -- Republic Services, Inc. announced the completion of its acquisition of Tervita, LLC.
"We are pleased that we were able to quickly close this transaction and believe this acquisition establishes a significant platform for us to expand into the E&P sector," said Brian Bales, executive vice president, Business Development. "We look forward to serving our new customers, as well as expanding our product portfolio to our existing E&P customer base."
About Republic Services:
Republic Services, Inc. is an industry leader in U.S. recycling and non-hazardous solid waste. Through its subsidiaries, Republic's collection companies, recycling centers, transfer stations and landfills focus on providing effective solutions to make proper waste disposal effortless for their commercial, industrial, municipal, residential and oilfield customers. We'll handle it from here.TM, the brand's tagline, lets customers know they can count on Republic to provide a superior experience while fostering a sustainable Blue PlanetTM for future generations to enjoy a cleaner, safer and healthier world.
You will continue to see the Tervita brand while the transition is made to Republic Services over the coming months. Throughout this transition Republic Services, Inc. will be reaching out to share important information and to make sure they continue to provide reliable and easy to use solutions for your business. If you have any questions, contact Republic Services, Inc. at 1-855-787-8378 or Email: [email protected]
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