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ADA-ES Inc Acquires Assets Of Bulk Conveyor Specialist Inc. And Bulk Conveyor Services, Inc.
ADA-ES Inc announced that it has acquired the assets of Bulk Conveyor Specialist Inc. and Bulk Conveyor Services, Inc. (collectively, BCSI) for an initial payment of $2 million with an additional $3 million to be paid over the next five years. As previously announced, ADA and BCSI entered into a definitive asset purchase agreement in July 2012. The assets are held in a wholly owned subsidiary of ADA called BCSI, LLC.
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