Bresco Industries

Waste Management of Canada has acquired Bresco Industries Ltd.

Waste Management of Canada has acquired Bresco Industries Ltd.

Industry:

Waste Management, Recycling, and Remediation Services

Waste Management of Canada has acquired Bresco Industries Ltd. MNP Corporate Finance Inc. was the exclusive financial advisor to Bresco Industries Ltd. in structuring and negotiating this transaction.

Transaction Brief

This transaction allowed the shareholders of Bresco Industries Ltd. (Bresco) to implement their succession strategy while ensuring the continued growth and success of their business.

Bresco began providing environmental services in the Revelstoke, B.C. area in 1993. Over time, Bresco expanded services to include recycling and garbage collection for residential, commercial and industrial customers as well as hauling water, equipment and snow. Bresco is a major player in the waste management industry in the Interior B.C. region, and has nearly 100 percent market share in Revelstoke, B.C. and the surrounding area.

Waste Management of Canada (WM) provides innovative sustainability solutions for 4.5 million residential and 170,000 industrial and commercial customers across nine provinces. WM owns and operates 20 recycling facilities and 18 landfills, with 3,400 employees at 116 operating locations. Now in their third decade of service in B.C., WM brings expert consultation and a customer focus to serve the public sector as well as the construction and demolition industry, property managers, manufacturers and businesses of all sizes.