30.09.2014 15:55:03

TRC Acquires NOVA Safety & Environmental, Terms Not Disclosed - Quick Facts

(RTTNews) - TRC Companies, Inc. (TRR) Tuesday announced that it has acquired Midland, Texas-based NOVA Safety & Environmental. Financial terms of the agreement were not disclosed.

TRC expects the transaction to be immediately accretive.

NOVA's approximately 60 employees provide safety training, environmental services as well as oil spill response, remediation and general oil field construction services to customers in the oil and gas industry.

NOVA reported gross revenues of $16.5 million for full year 2013.

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