Canadian GFL Environmental Inc. has completed the acquisition of infrastructure company Secure Waste Infrastructure Corp. for $4.6 billion. This is reported in the GFL press release.
In April 2026, GFL entered into an agreement to acquire Secure Waste for 6.4 billion Canadian dollars. The financing provided for the payment of 20% of the total asset value in cash and 80% through the issue of GFL shares.
The deal is aimed at expanding GFL's presence in the field of industrial and energy-related waste recycling in western Canada.
GFL's management strives to accelerate the company's growth through the acquisition of assets. Over the past six years, the company's market capitalization has tripled to 21 billion Canadian dollars ($15 billion).
Secure Waste is a Canadian waste recycling company, including the recycling of metals and used oil, as well as the management of oil pipelines and storage facilities. The headquarters is located in Calgary, Canada.
GFL Environmental Inc. is a Canadian solid and liquid waste management company, as well as providing soil remediation services. The headquarters are located in Vaughan (Canada) and Miami Beach (Florida).
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