Contrans Group Inc. Acquires Deuce Disposal Ltd.
03 Jun, 2013, 09:07 ET
WOODSTOCK, ON, June 3, 2013 /CNW/ - (TSX:CSS) Contrans Group Inc. announced today that it has acquired Deuce Disposal Ltd., a waste collection business located in Slave Lake, Alberta. Since 1981, Deuce Disposal has grown in the Slave Lake area providing a full range of waste collection services including residential waste collection and recycling, commercial waste collection and recycling, metals processing, and custom waste bin solutions to the oilfield service facilities in the region. It is expected that this acquisition will produce annual revenue of approximately $9 million.
"Since our entry into the waste collection business in 2010, we have been looking to add to this line of business" stated Contrans' Chairman and Chief Executive Officer Stan Dunford. "This successful business was built on a foundation of exceptional service. The team at Deuce has developed some customized collection services for unique customers in their local area. There are numerous new investments in the local businesses and the oilfield production infrastructure, and we believe Deuce will successfully grow along with its customers. This transaction adds a new dimension to our fast growing waste collection business in Alberta."
SOURCE: Contrans Group Inc.
For further information:
Stan G. Dunford, Chairman and Chief Executive Officer, or
Gregory W. Rumble, President and Chief Operating Officer
Phone: 519-421-4600 E-mail: [email protected] Web site: www.contrans.ca
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