GFL to Acquire Contrans’ Waste Collection Businesses in Alberta

GFL to Acquire Contrans’ Waste Collection Businesses in Alberta

Canada NewsWire

VAUGHAN, ON, April 28, 2014 /CNW/ – GFL Environmental Inc. announced
today that is has entered into a definitive agreement to acquire from
Contrans Group Inc. (TSX:CSS), its wholly owned subsidiaries Tri-Line
Disposal Inc. and Deuce Disposal Ltd.. Tri-Line Disposal Inc. and
Deuce Disposal Ltd. are leading waste collection companies with
operations in Edmonton and Slave Lake, Alberta respectively. The
transaction is scheduled to close on May 1, 2014 and is subject to a
number of conditions.

“GFL approached us and informed us that they were very interested in
acquiring our waste collection business,” stated Contrans Group Inc.’s
Chairman and Chief Executive Officer Stan Dunford. “They are a growing
company looking for an established and significant solid waste market
presence in Alberta. After undertaking a strategic review, we decided
that it would be in Contrans’ shareholders’ best interests to take this
opportunity to unlock the equity that the Company has established in
its waste collection segment and to focus on our core business of
freight transportation. We are deeply grateful for the efforts and
dedication of the employees at Tri-Line Disposal and Deuce and wish
them all the best in their future endeavours.”

Patrick Dovigi, GFL’s President and CEO saidBy joining forces with Tri-Line and Deuce with operations in Edmonton
and Slave Lake, Alberta along with its experienced and committed
workforce of 145 employees, GFL can offer our customers more services
in more locations than ever before. This acquisition aligns with our
strategy to be a “one stop shop” to meet the liquid and solid waste
needs of our customers and we are pleased to welcome the Tri-Line and
Deuce employees to GFL.”

About Contrans Group Inc.
Contrans has been providing freight transportation services as a
publicly-listed company since 1985. With approximately 1,400 power
units and 2,600 trailers under management, Contrans is one of the
largest freight transportation companies in Canada.

About GFL
GFL Environmental Inc. is a diversified environmental services company
providing a comprehensive line up of solid waste, soil remediation, and
liquid waste services. Through a national platform that spans 5
provinces, GFL serves approximately 12,100 commercial and industrial
customers and approximately 888,000 households under municipal solid
waste contracts. With the addition of Tri-Line and Deuce’s employees,
GFL has a workforce of almost 1,500 employees.

SOURCE GFL Environmental

Image with caption: “GFL Environmental (CNW Group/GFL Environmental)”. Image available at: http://photos.newswire.ca/images/download/20140428_C5454_PHOTO_EN_39698.jpg

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