On January 16, 2016, GFL Environmental Inc. (“GFL”), by its wholly owned subsidiary GFL Excavating Corp., completed the acquisition of the Anchor Shoring Group. The Anchor Shoring Group includes Anchor Shoring & Caissons Ltd., Banner Piling & Excavating Limited and Crown Drilling Limited.
This acquisition will expand GFL’s breadth of service, adding earth retention and foundation systems to the soil remediation, excavation and demolition capabilities of its infrastructure services group.
With the significant number of infrastructure, commercial and residential projects that have been announced for the Province of Ontario in the coming five years, this acquisition will strengthen GFL’s ability to complete large-scale contracts in these sectors.
John Tidball of Miller Thomson advised GFL with respect to environmental matters.