Heritage-Crystal Clean, Inc. (HCCI) Tops Q3 EPS by 3c

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Heritage-Crystal Clean, Inc. (HCCI) Acquires FCC Environmental for $90M

October 16, 2014 6:00 PM EDT

Heritage-Crystal Clean, Inc. (NASDAQ: HCCI) announced its subsidiary Heritage Crystal Clean, LLC has acquired FCC Environmental, an environmental services provider and a significant collector of used oil in the United States, for total consideration of $90 million. The business was purchased from Fomento de Construcciones y Contratas S.A. ("FCC"), based in Madrid, Spain.

Mr. Joseph Chalhoub, Founder, President, and Chief Executive Officer of Heritage-Crystal Clean, Inc. commented: "We are very... More