Depot Connect International Sells Industrial and Rail Services to Clean Harbors

The $130 million deal allows Depot Connect to focus on its core depot network and specialized services.

Published on Feb. 25, 2026

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Depot Connect International (DCI) has entered into an agreement to sell its Industrial Services and Rail Services business to Clean Harbors for approximately $130 million. The transaction, which includes five strategic locations across Ohio, Louisiana, and Texas, is expected to close in the first half of 2026. The divestiture is part of DCI's long-term strategy to sharpen its focus on its primary business.

Why it matters

The sale allows DCI to streamline its portfolio and reinvest in its core functions, expanding its premier depot network and enhancing the specialized services that its customers rely on most. The relationship between DCI and Clean Harbors will remain collaborative, with DCI continuing to provide tank trailer cleaning and maintenance services at major facilities.

The details

The transaction includes five strategic locations across Ohio, Louisiana, and Texas. DCI will continue to co-locate with Clean Harbors at major facilities in Baton Rouge, Louisiana, and Pasadena, Texas, where DCI will remain the dedicated provider for tank trailer cleaning and maintenance services. Additionally, the two companies will maintain an active partnership across the DCI network for essential transportation services and wastewater treatment.

  • The transaction is expected to close in the first half of 2026.
  • DCI announced the agreement on February 19, 2026.

The players

Depot Connect International

A leading provider of mission-critical services to the transportation industry, specializing in tank trailer cleaning, maintenance, and container solutions.

Clean Harbors

North America's leading provider of environmental and industrial services, serving a diverse customer base including a majority of Fortune 500 companies.

Chris Synek

CEO of Depot Connect International.

Terry O'Brien

Chief Development Officer of Depot Connect International.

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What they’re saying

“We are pleased to reach this agreement with Clean Harbors. This sale allows us to move forward with a more streamlined portfolio. By divesting these non-core assets, we are positioned to reinvest in our core functions, expanding our premier depot network and enhancing the specialized services that our customers rely on most.”

— Chris Synek, CEO (PRNewswire)

What’s next

The transaction is expected to close in the first half of 2026, subject to the completion of customary closing conditions.

The takeaway

By focusing on its core strengths, Depot Connect International is positioning itself to drive innovation and operational excellence across its North American and European footprint, ensuring the company is more agile and better equipped to serve the evolving needs of the transportation and logistics industry.