Perma-Fix Environmental Services Inc. inked a deal to sell its Perma-Fix of Ft. Lauderdale Inc. facility for $ 5.5 million.
The Atlanta-based mixed waste and industrial waste management services did not disclose the buyer, but said it expects the deal to close in coming weeks.
Perma-Fix (NASDAQ: PESI) also is in negotiations to sell its Perma-Fix of Orlando Inc. facility.
Louis F. Centofanti, chairman and CEO:
“As we have stated in the past, we believe that the sale of our remaining Industrial Segment operations strengthens our balance sheet and will allow us to focus 100 percent of our efforts and resources on our growing nuclear waste services business. We believe there are substantial opportunities within our nuclear business, including treatment of higher activity waste, growth in on-site services, and the roll-out of new commercial services.”