Acquisition enhances Shred-it's presence and scale in key Canadian
OAKVILLE, ON, Sept. 14, 2012 /CNW/ - Shred-it, the world-leading
information security company providing document destruction services,
announced today that it has acquired Super Shred Document Destruction.
The effective date of the acquisition was September 11th, 2012.
Super Shred operated a leading onsite document destruction service
operating primarily in the Greater Toronto Area (GTA) with operations
in Cambridge and Ottawa. The acquisition applies to all of Super
Shred's operations; Super Shred's operations will continue to operate
from its existing location, near Toronto Pearson Airport, and will
represent Shred-it's third branch in the GTA.
Shred-it President and CEO Vince De Palma states, "this acquisition
supports our corporate growth strategy, and will significantly enhance
our presence and density in key Canadian markets including the GTA,
Cambridge and Ottawa. We look forward to the opportunity to provide
Super Shred's loyal customers with Shred-it's best-in-class secure
document destruction services."
The cultures of Shred-it and Super Shred are quite similar - both
provide mobile onsite document destruction with a relentless focus on
security and integrity of clients' private information. Shred-it and
Super Shred will work together to ensure a seamless transition process.
Shred-it has completed 18 acquisitions over the last two years.
"Acquisitions will continue to play an important role in Shred-it's
strategic plans complementing organic growth and further enhancing our
market position as a global leader providing document destruction
services" says De Palma.
Shred-it is a world-leading information security company providing
document destruction services that ensure the security and integrity of
our clients' private information. The company operates 140 service
locations in 16 countries worldwide, servicing more than 200,000
global, national and local businesses, including the world's top
intelligence and security agencies, more than 500 police forces, 1,500
hospitals, 8,500 bank branches and 1,200 universities and colleges. For
more information, please visit www.shredit.com.
For further information:
Manager PR & Communications, Shred-it