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Enviri Corporation announces early termination of HSR Act waiting period for proposed sale of Clean Earth to Veolia Environnement SA

Sale Water Waste announced United States Mar 4, 2026

Enviri Corporation divested its Clean Earth division to Veolia Environnement SA for $295 million. The all-cash transaction sees Enviri exit non-core environmental services, while Veolia expands its specialized waste management capabilities. This acquisition significantly bolsters Veolia's North American environmental services footprint, particularly in hazardous and regulated waste processing. The transaction achieved early termination of the HSR Act waiting period, signaling swift regulatory approval.

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Deal Analysis

The early termination of the HSR Act waiting period for Enviri Corporation's sale of Clean Earth to Veolia Environnement SA accelerates a key strategic realignment in North American waste management. This $295 million all-cash transaction allows Enviri to divest its non-core environmental services division, sharpening its focus on core water, wastewater, and broader waste management solutions. For Veolia Environnement SA, the acquisition significantly bolsters its specialized waste management capabilities across the United States. The deal specifically expands Veolia's North American footprint in hazardous and regulated waste processing, a high-value segment within the environmental services sector. Swift regulatory clearance, confirmed by the early HSR termination, suggests a clear commercial logic and limited competitive concerns for the 2026-03-04 announced sale. Enviri Corporation, known for delivering sustainable solutions across water, wastewater, and waste management, strategically exits a segment to concentrate resources on its core environmental challenges. This divestment aligns with Enviri's stated mission to provide comprehensive environmental solutions, allowing for a more concentrated portfolio. Veolia Environnement SA's move into Clean Earth's operations directly enhances its capacity for handling hazardous and regulated waste across the United States. The acquisition expands Veolia's North American environmental services presence, adding critical infrastructure for specialized waste processing. This transaction, announced on 2026-03-04, represents a targeted expansion for Veolia within the waste management sector.
  • $295 million all-cash transaction
  • Early termination of HSR Act waiting period
  • Enviri Corporation divests non-core environmental services
  • Veolia Environnement SA expands North American hazardous waste capabilities
  • Transaction announced on 2026-03-04

Timeline

Announced
Mar 4, 2026
Signed
Closed

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