Add-on Acquisition • Environmental

Tervita Acquires 3K Oil Services

On November 2, 2017, Tervita acquired environmental company 3K Oil Services

Acquisition Context
  • This is Tervita’s 3rd transaction in the Environmental sector.
  • This is Tervita’s 3rd transaction in Canada.
  • This is Tervita’s 1st transaction in Saskatchewan.

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M&A Deal Summary

Date November 2, 2017
Target 3K Oil Services
Sector Environmental
Buyer(s) Tervita
Deal Type Add-on Acquisition

Target Company

3K Oil Services

Turtleford, Saskatchewan, Canada
3K Oil Services Ltd. is an oilfield services provider to heavy oil markets. 3K includes a treatment and storage facility for heavy oil waste by-product, a class II landfill and a water disposal well. 3K Oil Services Ltd. was established in 2001 and is based in Turtleford, Saskatchewan.
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Buyer Overview 1

Buyer

Tervita

Calgary, Alberta, Canada

Category Company
Founded 1979
Sector Environmental
Employees1,213
Revenue 1.4B CAD (2020)
DESCRIPTION

Tervita is an environmental solutions provider. Its integrated earth, water, waste and resource solutions deliver safe and efficient results through all phases of a project by minimizing impact, maximizing returns. Tervita was founded in 1979 and is based in Calgary, Alberta.


Deal Context for Buyer #
Overall 3 of 4
Sector: Environmental 3 of 4
Type: Add-on Acquisition 3 of 3
State: Saskatchewan 1 of 1
Country: Canada 3 of 4
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-14 Columbia Recycle

Marysville, British Columbia, Canada

Columbia Recycle Ltd. is a provider of metal and salvages recycling services. Columbia Recycle Ltd. was established in 1975 and is headquartered in Marysville, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Newalta

Calgary, Alberta, Canada

Newalta Corp. is a provider of environmental solutions to the oil and gas industry. Newalta Corp. was founded in 1993 and is based in Alberta, Canada.

Buy -