ARC, Lone Wolf Resources Merge
WACO, TX (April 12, 2017) — ARC Abatement Holding, Inc. and Lone Wolf Resources (LWR) today announced that they have entered into a definitive equity merger agreement under which ARC and LWR will provide environmental remediation services to a broad base of customers in the United States.
“With its great reputation and strong customer base, LWR significantly broadens the scope of our offering,” said Ron Daniel, CEO of ARC Abatement Holding, Inc. “Together, we expect significant growth.”
Daniel says ARC is trying to diversify its environmental work, and the deal with LWR will do just that, particularly in the areas of industrial and oil and gas.
“We have worked closely with ARC and its oil and gas company, C & C Coating and Construction, for several years, and we have been very impressed by their team and professionalism,” said Ramiro Santana, LWR partner. “I am confident that merging our companies will allow us to create something much larger than us operating as separate entities.”
The merged company will continue to operate as Lone Wolf Resources.
ABOUT LONE WOLF RESOURCES
Formed in 1999 by two petrochemical companies, Lone Wolf Resources is an environmental remediation, construction, and recycling company, specializing in treatment and recycling of impacted soils, sediments, and groundwater. LWR provides project solutions focused on providing safe, cost-effective services that are aligned with the environmental sustainability objectives of our clients. Visit http://lwr-llc.com for more information. Visit the website for more information.