MONTREAL, Que. — TransForce has added to its waste hauling business with the acquisition of Matieres Residuelles.
TransForce’s Matrec division made the purchase of Veolia E.S. Matieres Residuelles, which operates under the name of Veolia Solid Waste Canada.
In the last 12 months, Veolia Solid Waste Canada generated annual revenues of more than $30 million and EBITDA of more than $5 million, TransForce announced.
The company operates in Quebec City, Montreal and the Beauce regions, where it has operated for more than 40 years, providing disposal, collection, transportation and recycling services.
“The transaction will allow Matrec to broaden its service offering and increase its density in the province of Quebec. These assets will also provide additional capacity, which should improve the efficiency of our waste management operations,” said Alain Bedard, chairman, president and CEO of TransForce.
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