Printer Friendly

CHARTERHOUSE ENVIRONMENTAL CAPITAL ENTERS JOINT DEVELOPMENT AND MARKETING AGREEMENT WITH GHEA CORPORATION

 NEW YORK, March 1 /PRNewswire/ -- Charterhouse Environmental Capital, an affiliate of Charterhouse Group International, a New York- based privately owned investment firm, today announced that it has entered into a joint development and marketing agreement with the Ghea Corporation, a technology/engineering company. The Ghea Corporation features a propriety technology, developed by Dr. Itzhak Gotlieb, for treating organic and inorganic materials in contaminated liquid wastes and soils.
 David Stoller, chairman of Charterhouse Environmental Capital, indicated that they were very enthusiastic about the opportunity represented by the Ghea technology and its commercial applications. "We anticipate making investments in companies active in the industrial waste management and on-site remediation areas, and, based on its early commercial success, we believe the Ghea technology could play a significant role in such opportunities."
 Charterhouse Group International, Inc., formed in 1973, has originated and managed over 50 equity investments in a broad range of established U.S. companies. Charterhouse has the backing of an international network of institutional partners who have committed more than $550 million to the firm's investing activities. The firm is the controlling shareholder and/or principal investor in 15 industrial companies, primarily in the middle market, whose total revenues exceed $2 billion. Among the industries Charterhouse has invested in are: food products, industrial batteries, beverages, watches, electronic components, auto parts and steel, to name a few.
 -0- 3/1/93
 /CONTACT: David C. Stoller or Scott H. Flamm of Charterhouse Environmental Capital, 212-421-3125; or Jeffrey Z. Taufield or Mickey Mandelbaum both of Kekst and Company, 212-593-2655, for Charterhouse Environmental Capital/


CO: Charterhouse Environmental Capital ST: New York IN: SU:

AH-LR -- NY084 -- 1524 03/01/93 14:46 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 1, 1993
Words:276
Previous Article:CAMBRIDGE COMPLETES FINANCING AND ACQUISITION OF SKIMMER OIL SEPARATORS LTD.
Next Article:R&B, INC. REPORTS 1992 FOURTH-QUARTER AND FULL-YEAR FINANCIAL RESULTS
Topics:


Related Articles
GALAXY CABLEVISION ENTERS INTO A LETTER OF INTENT WITH CHARTERHOUSE
ENVIRONMENTAL TESTING AND CERTIFICATION CORP., A WHOLLY-OWNED SUBSIDIARY OF APPLIED BIOSCIENCE, PURCHASES STAKE IN ENSYS ENVIRONMENTAL PRODUCTS
CHARTERHOUSE ENVIRONMENTAL CAPITAL ACQUIRES AMERICAN DISPOSAL SERVICES; ACQUISITION IS FIRST FOR ENVIRONMENTAL CAPITAL GROUP
CHARTERHOUSE COMPLETES ACQUISITION OF BOSTON DIGITAL CORPORATION
A significant role for private capital.
INNOVATIVE ENVIRONMENTAL SERVICES LTD. ANNOUNCEMENT
CHARTERHOUSE CLOSES $291 MILLION INVESTMENT FUND; LBO FUND BACKS BUSINESS PARTNERS WITH PRIVATE CAPITAL TO BUILD MIDDLE MARKET COMPANIES
WMX Technologies Says Wheelabrator Transactions With U.S. Filter Enhance Strategy to Focus on Service and Add Value
CMS Energy Announces Joint Venture Agreement with Republic of Ghana
Biocontrol To Form Joint Venture

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters