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Energy M&A image Energy M&A » By The Online Investor Staff, updated Sat., Aug. 15, 12:36 AM Recent mergers and acquisitions in the Energy M&A category.

Slide #9. Vertex Energy, Inc. Used Oil Re-Refining Assets from Omega Holdings Company

Acquirer: Vertex Energy, Inc. (NASDAQ:VTNR)
Acquiree: Used Oil Re-Refining Assets from Omega Holdings Company
Details: Vertex Energy, Inc. (NASDAQ:VTNR), an environmental services company that recycles industrial waste streams and off-specification commercial chemical products, announced today the first of two closings related to its previously announced acquisition of the assets of Omega Holdings Company, LLC and certain of its wholly-owned subsidiaries ("Omega"). A follow on closing is anticipated to take place during the third quarter of 2014.

Vertex Energy is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Co. has three segments: Black Oil, which collects and purchases used motor oil directly from third-party generators, aggregates used motor oil, and sells used motor oil to its customers for use as a feedstock or replacement fuel for industrial burners; Refining and Marketing, which aggregates and manages the re-refinement of used motor oil and other petroleum by-products and sells the re-refined products to end customers; and Recovery, which includes a generator solutions company for the proper recovery and management of hydrocarbon streams.

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Company Name: 
Vertex Energy Inc.
Website: 
www.vertexenergy.com
Sector: 
Oil & Gas Refining & Marketing
Number of ETFs Holding VTNR: 
3
Total Market Value Held by ETFs: 
$840061
Total Market Capitalization: 
$27.00M
% of Market Cap. Held by ETFs: 
3.11%
 

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