HOUSTON, Texas, June 17, 2002 --The U.S. Bankruptcy Court for the Northern District of Texas has approved the acquisition of EarthLiquids by USFilter Recovery Services, Inc.
EarthLiquids specializes in the collection and management of used oil and oily wastewaters. EarthLiquids' parent company, The EarthCare Company (OTC Bulletin Board: ECCO - News), filed for Chapter 11 bankruptcy protection earlier this year.
USFilter Recovery Services plans to complete the acquisition by June 29 and is presently directing the day-to-day operations of the company under a management services agreement.
United States Filter Corporation, a Vivendi Environnement company, is North America's largest water company providing comprehensive water and wastewater systems and services to commercial, industrial, municipal and residential customers.
Vivendi Environnement (Paris Bourse: VIE and NYSE:VE), comprised of Vivendi Water (worldwide water products and services), Onyx (solid waste and industrial services), Dalkia (energy management), Connex (transportation and logistics) and FCC (Spanish company engaged in environmental and construction related industries), is the largest environmental services company in the world with more than 295,000 employees, including FCC, in about 100 countries and annual revenues of more than $25.6 billion. Visit the company's web sites at www.usfilter.com or www.vivendienvironnement-finance.com.
