Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy CLH?
Source: PRnewswire
- Strategic Asset Sale: Depot Connect International (DCI) has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, covering five strategic locations in Ohio, Louisiana, and Texas, with the transaction expected to close in the first half of 2026, marking a significant milestone in DCI's long-term strategy to focus on its core business.
- Core Business Focus: CEO Chris Synek stated that this sale allows DCI to streamline its portfolio and concentrate on core functions, with plans to reinvest in its primary operations, expanding its premier depot network and enhancing specialized services that customers rely on, thereby improving market competitiveness.
- Ongoing Collaborative Relationship: Following the sale, DCI will continue to co-locate with Clean Harbors at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas, where DCI will remain the dedicated provider for tank trailer cleaning and maintenance services, ensuring continuity and efficiency in customer service.
- Innovation and Operational Excellence: DCI is committed to driving innovation and operational excellence across its North American and European footprint, ensuring the company is more agile and better equipped to meet the evolving needs of the transportation and logistics industry, further solidifying its market position.
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Analyst Views on CLH
Wall Street analysts forecast CLH stock price to fall
8 Analyst Rating
5 Buy
3 Hold
0 Sell
Moderate Buy
Current: 276.250
Low
230.00
Averages
263.14
High
290.00
Current: 276.250
Low
230.00
Averages
263.14
High
290.00
About CLH
Clean Harbors, Inc. is a provider of environmental and industrial services. The Company delivers a range of services, such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Its Environmental Services segment offers an array of services to customers. It collects, transports, treats and disposes of hazardous and non-hazardous waste through its network of waste disposal facilities, including incinerators, landfills, treatment, storage and disposal facilities (TSDFs), wastewater treatment facilities and solvent recycling centers. Its Safety-Kleen Sustainability Solutions (SKSS) segment offerings span the lifecycle of sustainable lubricant products. It collects used oil which serves as feedstock for its oil re-refineries. At these facilities, it manufactures, formulates and packages lubricants which are returned to the marketplace. It also provides parts washers and environmental services to various customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Clean Harbors Reports Record Q4 2025 Earnings and Growth Outlook
- Record Revenue: Clean Harbors achieved $1.5 billion in Q4 2025 revenue, a 5% year-over-year increase, marking the first time annual revenue surpassed $6 billion, indicating strong growth and sustained market demand in the environmental services sector.
- EBITDA Growth: The adjusted EBITDA for Q4 reached $279 million, up 8% year-over-year, with full-year adjusted EBITDA approximately $1.17 billion, reflecting successful cost management and pricing strategies that enhance profitability.
- Strategic Investments: The company announced a $50 million expansion of its vacuum truck fleet and a $130 million acquisition of DCI environmental businesses, expected to generate $40 million in annual revenue and $11 million in annual adjusted EBITDA, further strengthening its market position.
- Future Outlook: Management projects 2026 adjusted EBITDA in the range of $1.20 billion to $1.26 billion, assuming a 20% growth in PFAS business, while maintaining strong demand for environmental services, demonstrating confidence in future growth prospects.
See More
Depot Connect International Sells Business to Clean Harbors for $130 Million
- Transaction Details: Depot Connect International (DCI) has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, with the transaction expected to close in the first half of 2026, marking a significant milestone in DCI's long-term strategy to focus on its core business.
- Divestiture Impact: By divesting these non-core assets, DCI is positioned to reinvest in its core functions, expanding its premier depot network and enhancing specialized services that customers rely on, thereby improving overall operational efficiency and market competitiveness.
- Ongoing Collaboration: Following the sale, DCI will maintain a collaborative relationship with Clean Harbors, continuing to provide tank trailer cleaning and maintenance services at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for valued customers.
- Commitment to Innovation: By focusing on its core strengths, DCI is committed to driving innovation and operational excellence across its North American and European footprint, ensuring the company remains agile and well-equipped to meet the evolving needs of the transportation and logistics industry.
See More
RPT-DEPOT CONNECT INTERNATIONAL SIMPLIFIES PORTFOLIO BY SELLING INDUSTRIAL AND RAIL SERVICES TO CLEAN HARBORS
Sale of Industrial and Rail Services: The article discusses the recent sale of industrial and rail services aimed at enhancing operational efficiency and service quality.
Impact on Clean Harbors: The transaction is expected to positively impact Clean Harbors, a company involved in environmental and industrial services, by streamlining its operations.
Focus on Sustainability: The sale aligns with broader industry trends towards sustainability and environmental responsibility in service delivery.
Future Growth Prospects: The move is seen as a strategic step for future growth and expansion in the industrial services sector.
See More
Depot Connect International Sells Services to Clean Harbors for $130 Million
- Transaction Value and Strategic Restructuring: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services to Clean Harbors for approximately $130 million, marking a significant step in DCI's long-term strategy to focus on its core operations.
- Geographic Coverage and Business Integration: The deal encompasses five strategic locations in Ohio, Louisiana, and Texas, expected to close in the first half of 2026, thereby optimizing DCI's resource allocation and market positioning.
- Ongoing Partnership: Despite divesting non-core assets, DCI will maintain its collaborative relationship with Clean Harbors, continuing to provide cleaning and maintenance services in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for clients.
- Future Development and Commitment to Innovation: By shedding these assets, DCI plans to reinvest resources into its core business, enhancing its innovation capabilities and operational excellence in North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
- Strategic Asset Sale: Depot Connect International (DCI) has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, covering five strategic locations in Ohio, Louisiana, and Texas, with the transaction expected to close in the first half of 2026, marking a significant milestone in DCI's long-term strategy to focus on its core business.
- Core Business Focus: CEO Chris Synek stated that this sale allows DCI to streamline its portfolio and concentrate on core functions, with plans to reinvest in its primary operations, expanding its premier depot network and enhancing specialized services that customers rely on, thereby improving market competitiveness.
- Ongoing Collaborative Relationship: Following the sale, DCI will continue to co-locate with Clean Harbors at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas, where DCI will remain the dedicated provider for tank trailer cleaning and maintenance services, ensuring continuity and efficiency in customer service.
- Innovation and Operational Excellence: DCI is committed to driving innovation and operational excellence across its North American and European footprint, ensuring the company is more agile and better equipped to meet the evolving needs of the transportation and logistics industry, further solidifying its market position.
See More
Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
- Transaction Details: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services to Clean Harbors for approximately $130 million, reflecting DCI's strategic shift towards focusing on its core operations.
- Assets and Locations: The deal includes five strategic sites located in Ohio, Louisiana, and Texas, with completion expected in the first half of 2026, indicating DCI's efforts to optimize asset allocation to enhance market competitiveness.
- Ongoing Collaboration: Despite the sale, DCI will maintain a collaborative relationship with Clean Harbors, continuing to provide cleaning and maintenance services at key facilities in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for clients.
- Future Development Focus: DCI plans to reinvest in its core business through this asset sale, aiming to enhance operational efficiency across North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
Clean Harbors Reports Record Q4 2025 Earnings and Growth Outlook
- Record Revenue: Clean Harbors achieved $1.5 billion in Q4 2025 revenue, a 5% year-over-year increase, marking the first time annual revenue surpassed $6 billion, indicating strong growth and sustained market demand in the environmental services sector.
- EBITDA Growth: The adjusted EBITDA for Q4 reached $279 million, up 8% year-over-year, with full-year adjusted EBITDA approximately $1.17 billion, reflecting successful cost management and pricing strategies that enhance profitability.
- Strategic Investments: The company announced a $50 million expansion of its vacuum truck fleet and a $130 million acquisition of DCI environmental businesses, expected to generate $40 million in annual revenue and $11 million in annual adjusted EBITDA, further strengthening its market position.
- Future Outlook: Management projects 2026 adjusted EBITDA in the range of $1.20 billion to $1.26 billion, assuming a 20% growth in PFAS business, while maintaining strong demand for environmental services, demonstrating confidence in future growth prospects.
See More
Depot Connect International Sells Business to Clean Harbors for $130 Million
- Transaction Details: Depot Connect International (DCI) has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, with the transaction expected to close in the first half of 2026, marking a significant milestone in DCI's long-term strategy to focus on its core business.
- Divestiture Impact: By divesting these non-core assets, DCI is positioned to reinvest in its core functions, expanding its premier depot network and enhancing specialized services that customers rely on, thereby improving overall operational efficiency and market competitiveness.
- Ongoing Collaboration: Following the sale, DCI will maintain a collaborative relationship with Clean Harbors, continuing to provide tank trailer cleaning and maintenance services at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for valued customers.
- Commitment to Innovation: By focusing on its core strengths, DCI is committed to driving innovation and operational excellence across its North American and European footprint, ensuring the company remains agile and well-equipped to meet the evolving needs of the transportation and logistics industry.
See More
RPT-DEPOT CONNECT INTERNATIONAL SIMPLIFIES PORTFOLIO BY SELLING INDUSTRIAL AND RAIL SERVICES TO CLEAN HARBORS
Sale of Industrial and Rail Services: The article discusses the recent sale of industrial and rail services aimed at enhancing operational efficiency and service quality.
Impact on Clean Harbors: The transaction is expected to positively impact Clean Harbors, a company involved in environmental and industrial services, by streamlining its operations.
Focus on Sustainability: The sale aligns with broader industry trends towards sustainability and environmental responsibility in service delivery.
Future Growth Prospects: The move is seen as a strategic step for future growth and expansion in the industrial services sector.
See More
Depot Connect International Sells Services to Clean Harbors for $130 Million
- Transaction Value and Strategic Restructuring: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services to Clean Harbors for approximately $130 million, marking a significant step in DCI's long-term strategy to focus on its core operations.
- Geographic Coverage and Business Integration: The deal encompasses five strategic locations in Ohio, Louisiana, and Texas, expected to close in the first half of 2026, thereby optimizing DCI's resource allocation and market positioning.
- Ongoing Partnership: Despite divesting non-core assets, DCI will maintain its collaborative relationship with Clean Harbors, continuing to provide cleaning and maintenance services in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for clients.
- Future Development and Commitment to Innovation: By shedding these assets, DCI plans to reinvest resources into its core business, enhancing its innovation capabilities and operational excellence in North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
- Strategic Asset Sale: Depot Connect International (DCI) has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, covering five strategic locations in Ohio, Louisiana, and Texas, with the transaction expected to close in the first half of 2026, marking a significant milestone in DCI's long-term strategy to focus on its core business.
- Core Business Focus: CEO Chris Synek stated that this sale allows DCI to streamline its portfolio and concentrate on core functions, with plans to reinvest in its primary operations, expanding its premier depot network and enhancing specialized services that customers rely on, thereby improving market competitiveness.
- Ongoing Collaborative Relationship: Following the sale, DCI will continue to co-locate with Clean Harbors at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas, where DCI will remain the dedicated provider for tank trailer cleaning and maintenance services, ensuring continuity and efficiency in customer service.
- Innovation and Operational Excellence: DCI is committed to driving innovation and operational excellence across its North American and European footprint, ensuring the company is more agile and better equipped to meet the evolving needs of the transportation and logistics industry, further solidifying its market position.
See More
Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
- Transaction Details: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services to Clean Harbors for approximately $130 million, reflecting DCI's strategic shift towards focusing on its core operations.
- Assets and Locations: The deal includes five strategic sites located in Ohio, Louisiana, and Texas, with completion expected in the first half of 2026, indicating DCI's efforts to optimize asset allocation to enhance market competitiveness.
- Ongoing Collaboration: Despite the sale, DCI will maintain a collaborative relationship with Clean Harbors, continuing to provide cleaning and maintenance services at key facilities in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for clients.
- Future Development Focus: DCI plans to reinvest in its core business through this asset sale, aiming to enhance operational efficiency across North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
