Majority Interest in Appalachian Water Services Acquired (HEK, HZO)
[MarineMax has acquired Bassett Marine LLCs retail sales and operations in Westbrook, Connecticut and Warwick, Rhode Island and added western Massachusetts to its territory for its Sea Ray product line]
Online PR News – 10-September-2012 –Heckmann Corporation (NYSE:HEK) HEK has completed the acquisition of a majority interest in Appalachian Water Services, LLC (AWS). AWS will operate as an integral part of Heckmanns fluid management solutions strategy. Terms of the transaction were not disclosed. HEK is an environmental services company. Heckmann is dedicated to the movement, treatment and disposal of water generated by energy companies involved in the discovery and production of oil, natural gas liquids and natural gas. Heckmann is also a one-stop-shop for collection and recycling services for oily waste products, including used motor oil, oily wastewater, spent antifreeze, used oil filters and parts washers. Heckmann is building a national footprint across its environmental service offerings and has more than 1,500 employees and operates in 52 locations in the United States. Interested parties can access additional information about HEK at http://www.heckmanncorp.com.
MarineMax Inc. (NYSE:HZO) HZO has acquired Bassett Marine LLCs retail sales and operations in Westbrook, Connecticut and Warwick, Rhode Island and added western Massachusetts to its territory for its Sea Ray product line. This acquisition increases its store locations to 55. Headquartered in Clearwater, Florida, HZO is the nations largest recreational boat and yacht retailer. Focused on premium brands, such as Sea Ray, Boston Whaler, Meridian, Cabo, Hatteras, Azimut Yachts, Grady-White, Bayliner, Nautique and Malibu, MarineMax sells new and used recreational boats and related marine products and provides yacht brokerage services. MarineMax currently has 55 retail locations and operates within Alabama, Arizona, California, Connecticut, Florida, Georgia, Kansas, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee and Texas. MarineMax is a New York Stock Exchange-listed company. For more information about HZO visit www.marinemax.com.
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