SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 23, 2004
PERMA-FIX ENVIRONMENTAL SERVICES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-11596 58-1954497
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
1940 N.W. 67th Place, Suite A, Gainesville, Florida 32653
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (352) 373-4200
Not applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events
On March 23, 2004, we completed our acquisition of certain assets of USL
Environmental Services, Inc. d/b/a A&A Environmental ("A&A"), primarily
located in Baltimore, Md. and US Liquids of Pennsylvania, Inc. d/b/a EMAX
("EMAX"), located in Pittsburgh, Pa., both of which are wholly owned
subsidiaries of US Liquids Inc. ("USL"). Perma-Fix paid $2.9 million in
cash for the acquired assets of A&A and EMAX. A&A and EMAX had unaudited
combined revenues of approximately $15.0 million in 2003.
A&A is a full line provider of environmental, marine and industrial
maintenance services. A&A has been in business for over 45 years and
continues to adapt to meet the specialized needs of today's environmental
and plant managers. A&A offers expert environmental services such as 24
hour emergency response, vacuum services, hazardous and non-hazardous
waste disposal, marine environmental and other remediation services. EMAX,
through its field and industrial services group, provides a variety of
environmental services such as transportation of drums and bulk loads,
tank cleaning, industrial maintenance, dewatering, drum management and
chemical packaging. EMAX also has a wastewater treatment group, which
provides for the treatment of non-hazardous wastewaters such as leachates,
oily waters, industrial process waters and off-spec products. We currently
intend to continue operating the assets acquired from A&A and EMAX as they
were operated prior to acquisition.
Item 7. Financial Statements and Exhibits
(a) Financial statements - Not applicable,
(c) Exhibits
Exhibit No. Description
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5.1 Asset purchase agreement dated March 23,2004,
between the Company and USL Environmental
Services, Inc., a Maryland corporation, d/b/a A&A
Environmental.
5.2 Asset purchase agreement dated March 23,2004,
between the Company and US Liquids of
Pennsylvania, Inc., a Pennsylvania corporation,
d/b/a EMAX.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
PERMA-FIX ENVIRONMENTAL SERVICES, INC.
By: /s/ Richard T. Kelecy
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Richard T. Kelecy
Dated: April 7, 2004 Chief Financial Officer