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GFL to buy Ontario waste management firm Terrapure Environmental for $927 5 million

Burlington-based Terrapure serves more than 7,000 customers across Canada with a fleet of more than 5000 collection trucks and 1,600 employees. It has a landfill in the Stoney Creek municipality in Hamilton that recently received expansion approval for at least 14 years. GFL, based in Vaughan, Ont., says the acquisition aligns with its strategy to increase free cash flow by adding complementary networks in several regional markets, including Atlantic Canada. It expects the acquisition will generate at least $45 million in adjusted free cash flow and at least $12.5 million in annual cost savings due to overlap between the two companies. The acquisition of Terrapure is another example of GFL delivering on our commitment to pursue strategic and accretive acquisitions to continue growing our business, stated GFL founder and CEO Patrick Dovigi.

GFL to buy Terrapure for $927 5 million

Winnipeg Free Press By: The Canadian Press VAUGHAN, Ont. - GFL Environmental Inc. says it has reached an agreement to acquire fellow Ontario waste management firm Terrapure Environmental Ltd. for $927.5 million. Executives and guests of GFL Environmental Inc., ring the New York Stock Exchange opening bell, in celebration of the company s Initial Public Offering, Wednesday, March 4, 2020. GFL Environmental is acquiring Terrapure Environmental for $927.5 million. THE CANADIAN PRESS/AP-Richard Drew VAUGHAN, Ont. - 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.

2021 Report on Worldwide Markets for Environmental Remediation Technologies to 2025 - Patent Review and New Developments

Share this article Share this article ResearchAndMarkets.com s offering. This report analyzes the worldwide just as territorial business sectors for innovations utilized in the remediation of ecological tainting. The report delves into the subtleties of the market for ecological remediation, comparable to the soil, water and air remediation. The advanced technologies considered to shape the market for remediation innovations are those that are considered as the Remediation Technologies segment of this report. Any innovations that are excluded from the previously mentioned area are excluded from the market evaluation, except if in any case explicitly expressed. Likewise, excluded inside the extent of this report or in the market size and development gauges, are advancements that are material exclusively for treatment (like wastewater treatment) and not for remediation; notwithstanding, advances that can be dually applied and have seen critical use for remediation reasons for ex

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