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Waste giant Republic Services set to acquire Idaho company US Ecology

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Boise-based US Ecology – formerly known as American Ecology – is set to be acquired by Phoenix-based Republic Services.

You might recognize the Republic name from your trash can. The company is the second-largest provider of waste management services in the US. Republic said it would buy the publicly-traded US Ecology for about $2.2 billion.

US Ecology provides waste management and environmental services and “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.”

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US Ecology is marking 70 years in business 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 plant in 2018 killed one person. Investigators later said “non-conforming waste in the treatment process” started a chemical reaction, causing the explosion.

What’s next for the deal

“We are pleased to have reached this agreement with Republic Services…” US Ecology CEO Jeff Feeler said. “The combination of our companies provides a platform to accelerate our common strategy of providing a full complement of environmental solutions to better our world. In addition, this transaction showcases the value of US Ecology’s business, providing our stockholders with attractive and certain value, and brings together a network of assets with extensive environmental solutions expertise to handle customers’ most challenging and complex needs.”

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

The boards of directors for both companies approved the deal earlier this year, and they say they hope it will 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 cost – within five years. The companies didn’t detail if layoffs would result from the merger.

Don Day - BoiseDev Editor & Founder
Don Day - BoiseDev Editor & Founder
Don is the founder and publisher of BoiseDev. He is a National Edward R. Murrow Award winner and a Stanford University John S. Knight Fellow. Contact him at [email protected].

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