Report 4800: Climate Change Adaptation

Adaptation will grow to a $1bil. industry in the U.S. by 2015, followed by exponential growth once design & construction of adaptation measures begin - $995

Report 3000: Global Environmental Market

Regional analysis & projections covering countries in N. America, Latin America, Europe, Russia, Asia, Middle East, Japan, Australia/NZ, and Africa - $1,995

Vertex Energy to acquire Omega used-oil assets

Industrial waste recycler Vertex Energy, Inc. (Houston, TX) and Omega Holdings Company, LLC (Golden, CO) have entered into an agreement whereby Vertex will acquire certain of Omega’s assets related to the re-refining and processing of used motor oil and the distribution of fuel oils and base lubricating oils. Under the terms of the transaction, Vertex will pay $30.75 million in cash and 2 million shares of its common stock for the assets, and it will assume approximately $9.7 million in capital leases and other liabilities. The transaction will take place in two closings—one expected by April 15, 2014, and the second sometime during the third quarter—and Vertex will provide Omega with a $1.6 million short-term line of credit to fund operations between the two closings. The Omega operations that Vertex is acquiring represent more than 80 million gallons of re-refining capacity of used motor oil in the United States.

Last Updated on Tuesday, 25 March 2014
EBI Newsletter
Business Achievement Awards