SANEXEN Further Solidifies Position as North American Leader in Environmental Services with Acquisition of APG
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MONTRÉAL, June 3, 2021 /PRNewswire/ - Today, SANEXEN Environmental Services Inc. ( SANEXEN ), a subsidiary of LOGISTEC Corporation, announced the acquisition of American Process Group ( APG ), an Edmonton-based environmental industry leader, specializing in dredging, dewatering and residuals management, for an aggregate cash consideration of CA$50M, subject to adjustments. This is a significant step toward SANEXEN s ambitious strategic plan to expand their innovative services both geographically and operationally as they bring their collaborative approach to water main renewal, proven lead solutions, PFAS solutions and site remediation to new markets in Canada and the USA.