In­vestor sells soil re­me­di­a­tion co.

The News-Times - - BUSINESS -

Harsco is spend­ing $625 mil­lion to ac­quire Hat­boro, Pa.based Clean Earth from Com­pass Di­ver­si­fied Hold­ings, with the Westport firm record­ing a $200 mil­lion gain on the trans­ac­tion. Com­pass ac­quired Clean Earth in 2014 and two years later ex­panded it with the ac­qui­si­tion of Phoenix Soil, which cleans petroleum­con­tam­i­nated soil for new uses at a plant in Plainville; and adding last year a waste water treat­ment com­pany with fa­cil­i­ties in Detroit and Char­lotte, N.C.

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