has been acquired by

Duff & Phelps' Canadian M&A Practice Advised Marine Clean Ltd. on its Sale to Envirosystems Inc.

Duff & Phelps' Canadian M&A Practice Advised Marine Clean Ltd. on its Sale to Envirosystems Inc.

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Marine Clean Ltd. ("Marine Clean" or the "Company") has been acquired by Envirosystems Inc. ("Envirosystems").

Duff & Phelps served as exclusive financial advisor to the shareholders of Marine Clean and provided M&A advisory services in connection with the sale transaction.

About Marine Clean Ltd.

Marine Clean provides customized industrial cleaning and waste management solutions to the marine transportation and shore-based industries. The Company provides comprehensive recycling, disposal, transportation, decontamination, labour, spill response and dust control solutions. Marine Clean is headquartered in Niagara Falls, Ontario, and has been serving the marine industry since 1974.

About Envirosystems Inc.

Envirosystems is a leading provider of industrial and environmental services, with a focus on technological innovation. Services include catalyst change out, chemical cleaning, dredging, high pressure cleaning, hydro-excavation, mobile spent caustic treatment, waste disposal/treatment and vacuum services.

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