Mergers & Acquisitions

Island environmental innovator swings in $966M deal

By GREGORY ZELLER // A hot-potato environmental innovator with a vital Great River operational hub has been acquired in a nearly $1 billion stock deal. Idaho-based US Ecology Inc. announced Monday that it has entered into a definitive merger agreement with NRC Group Holdings Corp., a global provider of environmental and waste-management services. In April, NRC Group transitioned its headquarters from Great River to Texas – and it will now be folded into a new…

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Melville architects H2M build onto New Jersey team

By GREGORY ZELLER // Melville-based consulting and design firm H2M architects + engineers has drawn up a key addition in the Garden State. On Friday, H2M announced the acquisition of New Jersey-based civil engineering/land surveying expert Schommer Engineering Inc. SEI’s planning and design team will move into H2M’s office in Parsippany, NJ, and will focus on the real estate, municipal water and industrial markets, the Melville mothership said in a statement. Terms of the deal…


Acquisition a perfect ‘Fitz’ for Lifetime Brands

 By GREGORY ZELLER // A major league home-goods distributor based on Long Island has added a Pennsylvania ceramics expert to its collection. Lifetime Brands Inc., a leading global provider of kitchenware and tableware, announced this week that it has acquired Newtown-based Fitz and Floyd Inc., which designs, markets and distributes branded tabletop products and decorative ceramic collections. Terms of the deal were not disclosed. Fitz and Floyd President and CEO Steven Baram will join Lifetime…