GFL Environmental closes on two acquisitions

GFL Environmental closes on two acquisitions

Canadian company acquires two British Columbia solid waste companies.

Subscribe
March 5, 2018
Edited by Dan Sandoval
Financial Municipal / IC&I

Toronto-based environmental services firm GFL Environmental Inc. has closed on the acquisition of Smithrite Disposal and Carney’s Waste Systems, both located in British Columbia in western Canada. The acquired companies provide solid waste, recyclables and organic food waste collection, plus additional hauling, processing and management services.

GFL indicates the acquisition will complement and extend its existing solid and liquid waste operations in British Columbia.

“Smithrite's success under the leadership of Gordon Smith has been driven by the same customer focus that has been the key to GFL's growth,” says Patrick Dovigi, GFL's founder and CEO. “Bringing our two businesses together means that we will be able to provide even more sustainable, environmental solutions to our customers. We are confident that the common commitment of our employees to excellent customer service will make the integration of our service offerings seamless. We are excited to have Gordon and more than 300 employees of Smithrite and Carney's join the GFL team.” 

Gordon Smith, president of both Smithrite and Carney’s, remarks, “When my father and mother started the Smithrite business in 1947, they were driven by the core values of hard work and customer first that have continued to guide us for over 70 years. GFL shares these values. Joining the GFL team will increase our ability to support the communities and customers we serve and provide more opportunities for Smithrite and Carney's employees.”