December 1, 2016
On December 1, 2016, Canadian Equipment Rentals Corp. (TSXV: CFL) announced that it had completed the sale of 100% of the issued and outstanding shares of its wholly-owned subsidiary, MCL Waste Systems & Environmental Inc., to GFL Environmental Inc. (“GFL”) for gross cash proceeds of approximately $12 million.
GFL, headquartered in Toronto, Ontario, is a Canadian diversified environmental services company offering services in solid waste management, liquid waste management and soil remediation.
John Tidball of Miller Thomson advised GFL on environmental aspects of this acquisition.
