GFL at NYSE

Vaughan Headquartered GFL to Buy Ontario Waste Management Firm Terrapure Environmental for $927.5 Million

GFL Environmental Inc. says it has reached an agreement to acquire fellow Ontario waste management firm Terrapure Environmental Ltd. for $927.5 million.
GFL at NYSE

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