Peachtree City, GA – With immediate effect AVISTA OIL AG (“AVISTA”) of Uetze, Germany, buys the membership units in Universal Environmental Services, LLC (“UES”) from MidMark Capital and Navigator Partners. The parties did not disclose the specifics of the transaction. The result is that UES has become a majority-owned subsidiary of AVISTA. The transaction consolidates […]
Peachtree City, GA – Universal Environmental Services, LLC (“UES”) and The McPherson Companies’ used oil collection business (“TMC”) have merged, becoming the dominant used oil collector in the Southeastern United States. With a fleet of more than 70 collection trucks and 21 terminals, the new entity covers from North Carolina to Louisiana and from Georgia […]
Peachtree City, GA – Universal Environmental Services, LLC (“UES”) believes in a brighter energy future for the used oil industry and the region. UES has signed definitive documentation and closed on a financing commitment of up to $52 million for the engineering, construction and commissioning of a used oil re-refinery in Peachtree City, GA. Together […]
