Divestiture • Environmental

GFL Environmental Acquires Waste Management of Canada Assets

On May 5, 2014, GFL Environmental acquired environmental company Waste Management of Canada Assets from Waste Management

Acquisition Context
  • This is GFL Environmental’s 3rd transaction in the Environmental sector.
  • This is GFL Environmental’s 4th transaction in Canada.

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M&A Deal Summary

Date May 5, 2014
Target Waste Management of Canada Assets
Sector Environmental
Buyer(s) GFL Environmental
Sellers(s) Waste Management
Deal Type Divestiture

Target Company

Waste Management of Canada Assets

Canada
Waste Management of Canada Corporation, Assets comprises six hauling yards and three landfills engages in recycling and resource recovery, and disposal services.
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Buyer Overview 1

Buyer

GFL Environmental

Vaughan, Ontario, Canada

Category Company
Founded 2007
Sector Environmental
Employees20,000
Revenue 7.9B CAD (2024)
DESCRIPTION

GFL Environmental is a diversified environmental services company providing a comprehensive line of solid waste, infrastructure & soil remediation, and liquid waste management services through its platform of facilities across Canada and in Southeastern Michigan. GFL has a workforce of more than 5,000 employees and provides its broad range of environmental services to more than 60,000 commercial and industrial customers and its solid waste collection services to more than 2.5 million households. GFL Environmental was founded in 2007 and is based in Vaughan, Ontario.


Deal Context for Buyer #
Overall 4 of 25
Sector: Environmental 3 of 23
Type: Divestiture 4 of 7
Country: Canada 4 of 15
Year: 2014 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-01 ProWerx Disposal

Edmonton, Alberta, Canada

ProWerx Disposal Ltd. is a waste collection business provides industry-leading industrial, commercial and residential waste collection services for a broad range of customers in Edmonton and surrounding area.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-10 M&R Environmental

Burnaby, Canada

M&R Environmental Ltd. is a provider of wast management services.

Buy -

Seller Profile 1

SELLER

Waste Management

Houston, Texas, United States

Category Company
Founded 1987
Sector Environmental
Employees61,700
Revenue 22.1B USD (2024)
DESCRIPTION
Entrance to Waste Management's corporate headquarters in the First City Tower in downtown Houston, Texas.
Entrance to Waste Management's corporate headquarters in the First City Tower in downtown Houston, Texas.

Waste Management is a provider of comprehensive waste management and environmental services in North America. The company operates a network of waste collection, recycling, and disposal facilities that serve residential, commercial, and industrial customers across the United States and Canada. Waste Management's services include garbage and recycling collection, hazardous waste disposal, landfill management, and renewable energy production. Waste Management was founded in 1987 and is based in Houston, Texas.


Deal Context for Seller #
Overall 3 of 5
Sector: Environmental 3 of 4
Type: Divestiture 3 of 5
Country: Canada 1 of 1
Year: 2014 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-07 Oak Grove Disposal Co.

Milwaukie, Oregon, United States

Oak Grove Disposal Co., Inc. provides recycling and waste collection services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-20 EC Waste

Humacao, Puerto Rico

EC Waste is a fully integrated waste management company that collects, transfers, and disposes of non-hazardous waste. EC Waste is based in Humacao, Puerto Rico.

Sell -

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