A subsidiary of GFL Environmental Inc has bought Anpro Environmental Group Inc, Anpro Excavating & Grading Ltd and Pro-Green Demolition Ltd. The financial details of the transaction were not disclosed. Based in Concord, Ontario, the affiliated businesses specialize in excavation and demolition projects. GFL, a diversified environmental services company, said the acquisition will give it access to new customers and cross-selling opportunities, and position it to assume new infrastructure projects. The Vaughan, Ontario-based GFL reorganized its share capital last November. It is backed by Hawthorn Equity Partners and Highbridge Principal Strategies.
GFL Acquires Excavation and Demolition Businesses
VAUGHAN, ON, July 28, 2015 /CNW/ – GFL Environmental Inc. announced today that its wholly owned subsidiary, GFL Excavating Corp. completed the acquisition of 100% of the shares of Anpro Environmental Group Inc., Anpro Excavating & Grading Ltd. and Pro-Green Demolition Ltd on July 24, 2015. Anpro has been a market leader in Southern Ontario in the excavating business for more than 40 years and Pro-Green, in the demolition business, for the past 10 years.
Patrick Dovigi, President and CEO of GFL said: “With this acquisition, GFL will be the largest soil remediation and demolition contractor in Ontario, placing GFL in an excellent position for the large volume of infrastructure projects that have been announced for Ontario over the next 3 to 5 years. The acquisition will also provide GFL with access to a new customer base which will present significant cross-selling opportunities for our liquid and solid waste operations. We are pleased to welcome all of Anpro and Pro-Green’s employees to GFL.”
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 2,000 employees.
SOURCE GFL Environmental
For further information: GFL Environmental Inc., Patrick Dovigi, (289) 695-2544
Photo courtesy of Anpro Excavating & Grading Ltd