Republic Services $2.2 billion acquisition of US Ecology
Davis Polk is advising Republic Services, Inc. on its approximately $2.2 billion acquisition of US Ecology, Inc. The transaction was unanimously approved by the boards of directors of both companies and is expected to close by the end of the second quarter of 2022, subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals and approval by holders of a majority of the outstanding shares of US Ecology’s common stock.
Republic Services is a leader in the U.S. environmental services industry that partners with customers to create a more sustainable world. US Ecology is a leading provider of environmental services to commercial and government entities. US Ecology addresses the complex waste management and response needs of its customers offering treatment, disposal, beneficial re-use, and recycling of hazardous, non-hazardous, radioactive and other specialty waste.
The Davis Polk corporate team includes partners Marc O. Williams and Brian Wolfe and associates Sharanjit Kaur Sandhu and Samuel Liebmann. The antitrust and competition team includes partner Howard Shelanski and counsel Suzanne Munck af Rosenschold. Counsel Michael Comstock is providing environmental advice. Partner Kyoko Takahashi Lin is providing executive compensation advice. Partner Pritesh P. Shah is providing intellectual property advice. Partner William A. Curran is providing tax advice. Members of the Davis Polk team are based in the New York and Washington DC offices.