GFL acquires Enviro-Viridis Development Corporation

01 March 2016

Gowling WLG acted as counsel to Enviro-Viridis Development Corporation Inc. and the sellers, including NOVACAP, with respect to the purchase of Enviro-Viridis by GFL Environmental Inc. through its wholly-owned subsidiary, Services Matrec Inc.

On March 1, 2016, GFL Environmental Inc. (GFL), through its wholly-owned subsidiary, Services Matrec Inc., completed the acquisition of Enviro-Viridis Development Corporation Inc. (Enviro-Viridis) for an undisclosed amount.

GFL is a Canadian diversified environmental services company offering services in solid waste management, liquid waste management and soil remediation.

Enviro-Viridis is a leader in the management of residual materials from municipal, commercial and institutional collection, as well as construction and demolition waste. Enviro-Viridis stands out from its competitors with its three CRD sorting centers and its two landfills for dry waste materials.

Gowling WLG acted for Enviro-Viridis and the sellers, including NOVACAP, under the direction of Bruno-Étienne Duguay, Novacap’s Chief Legal Officer, with a team that included Rafal Wrzesien, Michael Garellek and Bianca Déprés (M&A), Mira Gauvin (environmental), Pierre Lissoir (competition), Elisabeth Gauthier (employment law), Paule Tardif and Eleonora Eusepi (financing), Marc-André Godard and Laura Gheorghiu (tax), and notaries Tamar Chamelian and Cristina Napoleoni (real estate).

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