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Energy M&A image Energy M&A » By The Online Investor Staff, updated Tue., Aug. 11, 9:06 AM Recent mergers and acquisitions in the Energy M&A category.

Slide #43. VeroLube Thermo Fluids from Nuverra Environmental Solutions

Acquirer: VeroLube
Acquiree: Thermo Fluids from Nuverra Environmental Solutions (AMEX:NES)
Details: VeroLube, Inc. ("VeroLube" or the "Company"), announces today the signing of a definitive agreement to acquire Thermo Fluids, Inc. ("Thermo Fluids") through its wholly owned subsidiary VeroLube USA, Inc. Thermo Fluids, a standalone subsidiary of Nuverra Environmental Solutions, Inc. ("Nuverra") - (NYSE:NES) based in Scottsdale, Arizona, is the largest western used oil collector and the third-largest collector of used motor oil in the U.S. Thermo Fluids collects approximately 50 million gallons of used motor oil annually from a diverse base of more than 20,000 locations.



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Company Name: 
Nuverra Environmental Solutions Inc
Website: 
www.nuverra.com
Sector: 
Oil & Gas Equipment & Services
 

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Hold (2.17 out of 4)
87th percentile
(ranked higher than approx. 87% of all stocks covered)
Based on Zacks ABR data;
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