Marsulex Acquires Stablex for $71.2M

Date: August 24, 2005

Source: News Room

Marsulex Inc. has completed the acquisition of Stablex, a Quebec-based company specializing in inorganic hazardous waste treatment and disposal. Stablex renders contaminants insoluble via chemical treatment, stabilization, and solidifcation. Marsulex has also arranged $80 million in long-term financing, $70 million of which will be drawn immediately to fund the $71.2 million acquisition.
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