Depot Connect International Sells Industrial and Rail Services to Clean Harbors for Approximately $130M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Should l Buy CLH?
Depot Connect International announced that it has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130M. The transaction, which includes five strategic locations across Ohio, Louisiana, and Texas, is expected to close in the first half of 2026, subject to the completion of customary closing conditions.
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Analyst Views on CLH
Wall Street analysts forecast CLH stock price to fall
8 Analyst Rating
5 Buy
3 Hold
0 Sell
Moderate Buy
Current: 293.200
Low
230.00
Averages
263.14
High
290.00
Current: 293.200
Low
230.00
Averages
263.14
High
290.00
About CLH
Clean Harbors, Inc. is a provider of environmental and industrial services. The Company delivers a range of services, such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Its Environmental Services segment offers an array of services to customers. It collects, transports, treats and disposes of hazardous and non-hazardous waste through its network of waste disposal facilities, including incinerators, landfills, treatment, storage and disposal facilities (TSDFs), wastewater treatment facilities and solvent recycling centers. Its Safety-Kleen Sustainability Solutions (SKSS) segment offerings span the lifecycle of sustainable lubricant products. It collects used oil which serves as feedstock for its oil re-refineries. At these facilities, it manufactures, formulates and packages lubricants which are returned to the marketplace. It also provides parts washers and environmental services to various customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Waste Management's Investment Returns Set to Materialize
- Shareholder Return Expectations: Waste Management anticipates a 29% year-over-year free cash flow growth in 2026, marking the largest jump since COVID, indicating that after years of investment, cash flow is rebounding, allowing for substantial shareholder returns.
- Capital Expenditure Strategy: The company deployed approximately $11.6 billion in 'planting' capital from FY2022 to FY2025, with $7.5 billion allocated to the acquisition of Stericycle, successfully creating a medical waste management segment that generated $2 billion in revenue and achieved a 16% profit margin in its first year, demonstrating the effectiveness of strategic investments.
- Infrastructure Modernization: WM invested about $1.8 billion in infrastructure, establishing seven landfill gas-to-energy plants now producing pipeline-quality natural gas, while also integrating robotics and AI across nine recycling facilities, enhancing operational efficiency and market competitiveness.
- Market Performance Analysis: Waste Management's stock surged from November lows, reclaiming both the 50-day and 200-day moving averages, currently consolidating between $238 and $240, with a decisive breakout above $240 indicating entry into blue-sky territory, reflecting strong market confidence and effective risk management.
See More
Depot Connect International Sells Industrial Services to Clean Harbors
- Transaction Value: Depot Connect International (DCI) has reached a definitive agreement to sell its industrial and rail services business to Clean Harbors for approximately $130 million, which will help DCI optimize its portfolio and focus on core operations.
- Strategic Shift: The divestiture includes five strategic locations in Ohio, Louisiana, and Texas, expected to close in the first half of 2026, marking a significant shift in DCI's long-term strategy towards its core business.
- Ongoing Collaboration: Despite the sale, DCI will maintain a close relationship with Clean Harbors, continuing to provide cleaning and maintenance services at key facilities in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring service continuity for clients.
- Commitment to Innovation: DCI remains committed to driving innovation and operational excellence across its North American and European presence, aiming to enhance agility in the transportation and logistics sector to better meet evolving market demands.
See More
Depot Connect International Sells Services to Clean Harbors for $130 Million
- Transaction Value and Strategic Restructuring: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services to Clean Harbors for approximately $130 million, marking a significant step in DCI's long-term strategy to focus on its core operations.
- Geographic Coverage and Business Integration: The deal encompasses five strategic locations in Ohio, Louisiana, and Texas, expected to close in the first half of 2026, thereby optimizing DCI's resource allocation and market positioning.
- Ongoing Partnership: Despite divesting non-core assets, DCI will maintain its collaborative relationship with Clean Harbors, continuing to provide cleaning and maintenance services in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for clients.
- Future Development and Commitment to Innovation: By shedding these assets, DCI plans to reinvest resources into its core business, enhancing its innovation capabilities and operational excellence in North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
- Strategic Asset Sale: Depot Connect International (DCI) has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, covering five strategic locations in Ohio, Louisiana, and Texas, with the transaction expected to close in the first half of 2026, marking a significant milestone in DCI's long-term strategy to focus on its core business.
- Core Business Focus: CEO Chris Synek stated that this sale allows DCI to streamline its portfolio and concentrate on core functions, with plans to reinvest in its primary operations, expanding its premier depot network and enhancing specialized services that customers rely on, thereby improving market competitiveness.
- Ongoing Collaborative Relationship: Following the sale, DCI will continue to co-locate with Clean Harbors at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas, where DCI will remain the dedicated provider for tank trailer cleaning and maintenance services, ensuring continuity and efficiency in customer service.
- Innovation and Operational Excellence: DCI is committed to driving innovation and operational excellence across its North American and European footprint, ensuring the company is more agile and better equipped to meet the evolving needs of the transportation and logistics industry, further solidifying its market position.
See More
Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
- Transaction Details: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services to Clean Harbors for approximately $130 million, reflecting DCI's strategic shift towards focusing on its core operations.
- Assets and Locations: The deal includes five strategic sites located in Ohio, Louisiana, and Texas, with completion expected in the first half of 2026, indicating DCI's efforts to optimize asset allocation to enhance market competitiveness.
- Ongoing Collaboration: Despite the sale, DCI will maintain a collaborative relationship with Clean Harbors, continuing to provide cleaning and maintenance services at key facilities in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for clients.
- Future Development Focus: DCI plans to reinvest in its core business through this asset sale, aiming to enhance operational efficiency across North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
Depot Connect International Sells Business to Clean Harbors for $130 Million
- Transaction Value: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services business to Clean Harbors for approximately $130 million, enhancing DCI's focus on its core operations.
- Strategic Locations: The transaction encompasses five strategic sites in Ohio, Louisiana, and Texas, expected to close in the first half of 2026, marking a significant step in DCI's asset optimization strategy.
- Ongoing Collaboration: Despite the sale, DCI will maintain a close working relationship with Clean Harbors, continuing to provide specialized cleaning and maintenance services in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring service continuity for clients.
- Core Business Restructuring: By divesting these non-core assets, DCI aims to reinvest resources into its core functions, enhancing its innovation and operational excellence in North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
Waste Management's Investment Returns Set to Materialize
- Shareholder Return Expectations: Waste Management anticipates a 29% year-over-year free cash flow growth in 2026, marking the largest jump since COVID, indicating that after years of investment, cash flow is rebounding, allowing for substantial shareholder returns.
- Capital Expenditure Strategy: The company deployed approximately $11.6 billion in 'planting' capital from FY2022 to FY2025, with $7.5 billion allocated to the acquisition of Stericycle, successfully creating a medical waste management segment that generated $2 billion in revenue and achieved a 16% profit margin in its first year, demonstrating the effectiveness of strategic investments.
- Infrastructure Modernization: WM invested about $1.8 billion in infrastructure, establishing seven landfill gas-to-energy plants now producing pipeline-quality natural gas, while also integrating robotics and AI across nine recycling facilities, enhancing operational efficiency and market competitiveness.
- Market Performance Analysis: Waste Management's stock surged from November lows, reclaiming both the 50-day and 200-day moving averages, currently consolidating between $238 and $240, with a decisive breakout above $240 indicating entry into blue-sky territory, reflecting strong market confidence and effective risk management.
See More
Depot Connect International Sells Industrial Services to Clean Harbors
- Transaction Value: Depot Connect International (DCI) has reached a definitive agreement to sell its industrial and rail services business to Clean Harbors for approximately $130 million, which will help DCI optimize its portfolio and focus on core operations.
- Strategic Shift: The divestiture includes five strategic locations in Ohio, Louisiana, and Texas, expected to close in the first half of 2026, marking a significant shift in DCI's long-term strategy towards its core business.
- Ongoing Collaboration: Despite the sale, DCI will maintain a close relationship with Clean Harbors, continuing to provide cleaning and maintenance services at key facilities in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring service continuity for clients.
- Commitment to Innovation: DCI remains committed to driving innovation and operational excellence across its North American and European presence, aiming to enhance agility in the transportation and logistics sector to better meet evolving market demands.
See More
Depot Connect International Sells Services to Clean Harbors for $130 Million
- Transaction Value and Strategic Restructuring: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services to Clean Harbors for approximately $130 million, marking a significant step in DCI's long-term strategy to focus on its core operations.
- Geographic Coverage and Business Integration: The deal encompasses five strategic locations in Ohio, Louisiana, and Texas, expected to close in the first half of 2026, thereby optimizing DCI's resource allocation and market positioning.
- Ongoing Partnership: Despite divesting non-core assets, DCI will maintain its collaborative relationship with Clean Harbors, continuing to provide cleaning and maintenance services in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for clients.
- Future Development and Commitment to Innovation: By shedding these assets, DCI plans to reinvest resources into its core business, enhancing its innovation capabilities and operational excellence in North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
- Strategic Asset Sale: Depot Connect International (DCI) has entered into a definitive agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million, covering five strategic locations in Ohio, Louisiana, and Texas, with the transaction expected to close in the first half of 2026, marking a significant milestone in DCI's long-term strategy to focus on its core business.
- Core Business Focus: CEO Chris Synek stated that this sale allows DCI to streamline its portfolio and concentrate on core functions, with plans to reinvest in its primary operations, expanding its premier depot network and enhancing specialized services that customers rely on, thereby improving market competitiveness.
- Ongoing Collaborative Relationship: Following the sale, DCI will continue to co-locate with Clean Harbors at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas, where DCI will remain the dedicated provider for tank trailer cleaning and maintenance services, ensuring continuity and efficiency in customer service.
- Innovation and Operational Excellence: DCI is committed to driving innovation and operational excellence across its North American and European footprint, ensuring the company is more agile and better equipped to meet the evolving needs of the transportation and logistics industry, further solidifying its market position.
See More
Depot Connect International Sells Industrial Services to Clean Harbors for $130 Million
- Transaction Details: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services to Clean Harbors for approximately $130 million, reflecting DCI's strategic shift towards focusing on its core operations.
- Assets and Locations: The deal includes five strategic sites located in Ohio, Louisiana, and Texas, with completion expected in the first half of 2026, indicating DCI's efforts to optimize asset allocation to enhance market competitiveness.
- Ongoing Collaboration: Despite the sale, DCI will maintain a collaborative relationship with Clean Harbors, continuing to provide cleaning and maintenance services at key facilities in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring continuity of service for clients.
- Future Development Focus: DCI plans to reinvest in its core business through this asset sale, aiming to enhance operational efficiency across North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
Depot Connect International Sells Business to Clean Harbors for $130 Million
- Transaction Value: Depot Connect International (DCI) has finalized an agreement to sell its industrial and rail services business to Clean Harbors for approximately $130 million, enhancing DCI's focus on its core operations.
- Strategic Locations: The transaction encompasses five strategic sites in Ohio, Louisiana, and Texas, expected to close in the first half of 2026, marking a significant step in DCI's asset optimization strategy.
- Ongoing Collaboration: Despite the sale, DCI will maintain a close working relationship with Clean Harbors, continuing to provide specialized cleaning and maintenance services in Baton Rouge, Louisiana, and Pasadena, Texas, ensuring service continuity for clients.
- Core Business Restructuring: By divesting these non-core assets, DCI aims to reinvest resources into its core functions, enhancing its innovation and operational excellence in North America and Europe to better meet the evolving demands of the transportation and logistics sector.
See More
