GFL to Acquire Liquid Waste Collection Operation in Vancouver, British Columbia
VAUGHAN, ON -- GFL Environmental Inc. announced today that it has entered into a definitive agreement to acquire 100% of the shares of M&R Environmental Ltd. (M&R). M & R has been a market leader in liquid waste collections inCanada's third largest market, Vancouver, British Columbia, for more than 20 years. The transaction is scheduled to close on July 1, 2015, subject to a number of conditions.
Patrick Dovigi, President and CEO of GFL said: 'Bringing together M & R and GFL seemed like a natural fit. Over the past 20 years, M & R has built a strong regional presence in the Vancouver market where GFL has not historically had any operations. GFL plans to build on M & R's strong customer base and broader product offerings in this market. We are very pleased to welcome M & R's employees to GFL.
George Mate, President of M & R said: 'We saw this opportunity with GFL as a great way to continue M & R's long standing commitment to excellent customer service and to our employees.'
GFL, headquartered in Vaughan, ON, is a diversified environmental services company providing a comprehensive line up of solid waste, soil remediation, and liquid waste services. Through a national platform that currently spans 8 provinces, GFL currently serves approximately 23,400 commercial, industrial and institutional customers and more than 1,000,000 households under municipal solid waste contracts. Following completion of the acquisition, GFL will have a workforce of over 1,950 employees.