US Ecology provides waste management and environmental services and “meets the complex waste management and response needs of its customers by offering the treatment, disposal, beneficial reuse and recycling of hazardous, non-hazardous, radioactive waste. and other specialized waste”.

[‘A good acquisition’: Boise’s MetaGeek purchased by Canadian company]

US Ecology is celebrating its 70th anniversary this year. The company moved its headquarters from Houston, TX to Boise under the tenure of former CEO Jack Lemley. The company also operates a large treatment and disposal facility near Grand View.

An explosion at the factory in 2018 killed one person. Investigators later said “non-compliant waste in the treatment process” triggered a chemical reaction, causing the explosion.

What’s next in the deal

“We are delighted to have entered into this agreement with Republic Services…” said US Ecology CEO Jeff Feeler. “The combination of our companies provides a platform to accelerate our shared strategy of providing a full range of environmental solutions to improve our world. In addition, this transaction showcases the value of US Ecology’s business, providing our shareholders with attractive and certain value, and brings together a network of assets with deep expertise in environmental solutions to meet the most pressing needs. most difficult and complex customers.

[‘Worked at the sharp end of the stick’: Boise’s Jack Lemley dies after long career at M-K, the Chunnel, Olympics and more]

Both companies’ boards of directors approved the deal earlier this year, and they expect it to close by the end of the second quarter. US Ecology shareholders and US regulators must approve the deal.

The companies said the deal is expected to result in $40 million in “cost synergies” – a reduction in costs – within five years. The companies did not say whether any layoffs would result from the merger.