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People & Business :: M&A
GlyEco completes acquisition of GSS Automotives, expands glycol recycling capacity
10:01 AM MDT | October 7, 2013 | Francinia Protti-Alvarez
GlyEco (Los Angeles,CA) has completed the acquisition of GSS Automotive Recycling (Landover, MD). Financial details about the transaction were not disclosed. GSS is a main player in the glycol recycling industry, serving over 1,500 customers in the Mid-Atlantic region of the United States. GlyEco expects the acquisition will boost its production capabilities. GlyEco has a patent-pending technology that transforms a hazardous waste into green products. The technology can clean polluted glycols from all five waste-producing industries —heating, ventilation...
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