BFI Canada said it bought the remaining assets of Browning-Ferris Industries Ltd. as well as the right to use the BFI name and logo in Canada in a licensing agreement. Terms were not disclosed and the company said only that "certain Canadian financial institutions, led by NB Capital Partners Inc., a Toronto-based merchant bank, provided financing for the transaction."
The acquisition makes the company the second largest solid-waste management firm in Canada, said chief executive Keith Carrigan in a release.
The company will have waste collection, transfer and recycling operations in British Columbia, Alberta, Manitoba, Ontario and Quebec, and landfill sites in Calgary, Winnipeg and Montreal, he added.
Explore the July 2000 Issue
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