Announced
Completed
Financials
Tags
Canada
waste treatment
Waste and Disposal Services
Acquisition
Single Bidder
Disposal
Majority
Private
Friendly
Domestic
Completed
Synopsis
Waste Connections, a North American integrated waste services company, completed the acquisition of 30 energy waste treatment and disposal facilities in Western Canada from Secure Energy Services, a Canadian public energy services company, for $791m. "This acquisition represents a unique opportunity for outsized value creation from the expansion of our presence in Canada through a network of E&P waste treatment and disposal assets located in the most attractive and growing basins. The divestitures are a rare combination of high-quality, well-situated disposal and treatment assets with significant internal capacity for growth. With a heavy orientation towards serving customers engaged in energy production activity, these assets will be complementary to our US R360 Environmental Solutions operations," Ronald J. Mittelstaedt, Waste Connections President and CEO.
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