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GFL Environmental and SECURE Waste Infrastructure announce acquisition by GFL, further expanding and densifying GFL's Western Canadian footprint
GFL Environmental and SECURE Waste Infrastructure announce acquisition by GFL, further expanding ...
About this update from Gfl Environmental Inc
[{"type":"text","content":"GFL Environmental and SECURE Waste Infrastructure announce acquisition by GFL, further expanding and densifying GFL's Western Canadian footprint\n\n\nGFL Environmental and SECURE Waste Infrastructure announce acquisition by GFL, further expanding and densifying GFL's Western Canadian footprint\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\n\nPR Newswire\n\n\nUnique opportunity to acquire a leading waste management provider in Western CanadaImmediately accretive, increasing Adjusted Free Cash Flow(1) per share by 12% to 15%Highly attractive financial profile, increasing Adjusted EBITDA margin(1) to 31.6% and Adjusted Free Cash Flow(1) conversion to between 40.5% and 42.5% on a pro forma basisNet Leverage(1) neutral acquisition providing GFL with enhanced scale and balance sheet flexibilityPurchase price of $24.75 per SECURE common share delivers immediate value to SECURE shareholdersEnhances potential for broader future equity index inclusionMIAMI BEACH, FL and CALGARY, AB, April 13, 2026 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) (\"GFL\") and SECURE Waste Infrastructure Corp. (\"SECURE\") (TSX: SES) today announced that they have entered into a definitive agreement (the \"Arrangement Agreement\") pursuant to which GFL has agreed to acquire all of the issued and outstanding common shares of SECURE for $24.75 per SECURE common share, representing an enterprise value of approximately $6.4 billion (the \"Transaction\"). The consideration for the Transaction will be satisfied through a combination of 80% in GFL subordinate voting shares and 20% in cash. The Transaction will be implemented through a plan of arrangement under the Business Corporations Act (Alberta).\n\n\n\n\n\n\n\nThe purchase price of $24...