Squire Sanders Advises Nuverra Environmental Solutions in its Agreement to Sell Thermo Fluids Inc.
Squire Sanders advised Nuverra Environmental Solutions, one of the largest companies in the US dedicated to providing comprehensive and full-cycle environmental solutions to customers in energy and industrial end-markets, in entering into a definitive agreement to sell its industrial solution division, Thermo Fluids Inc., to VeroLube, Inc. The deal is valued at US$175 million and expected to close in the second quarter of 2014.