Perma-Fix Buys Nuvotec USA for $11 Million

Date: June 14, 2007

Source: News Room

Perma-Fix Environmental Services Inc. recently completed its acquisition of Nuvotec USA Inc. and subsidiary Pacific EcoSolutions Inc. for $11.2 million. Perma-Fix Chairman/CEO Louis Centofanti said the acquisition increases Perma-Fix's waste treatment capacity and secures additional radwaste and hazardous waste permits and licenses. PEcoS operates a low-level radwaste and LLW treatment facility adjacent to the DOE's Hanford site in Washington. Perma-Fix already operates one LLW treatment facility in Florida and two in Tennessee.

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