
GFL Environmental Inc. says it has reached an agreement to acquire fellow Ontario waste management firm Terrapure Environmental Ltd. for $927.5 million.
The deal, which excludes Terrapure’s battery recycling business, generated about $365 million in revenues last year, including COVID-related volume impacts.
Burlington-based Terrapure serves more than 7,000 customers across Canada with a fleet of more than 5000 collection trucks and 1,600 employees.
Full Article: thestar.com