GFL Environmental Inc. ("GFL") based out of Toronto, and Raleigh, North Carolina-based Waste Industries have announced that they have entered into a definitive merger agreement in a transaction that values Waste Industries at a total enterprise value of US$2.825 billion (approximately C$3.65 billion). The transaction, which is expected to close in the fourth quarter of 2018, is subject to customary regulatory approvals.
GFL Environmental125 Villarboit Cres., Suite B
CA, L4K 4K2
GFL, headquartered in Toronto, Ontario, is a diversified environmental services company providing a comprehensive line of solid waste, infrastructure and soil remediation and liquid waste management services through its platform of facilities across Canada and in the U.S. GFL has a workforce of more than 6,000 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 2.3 million households.