Birch Hill's Terrapure acquires Consolidated Giroux Environment
Terrapure Environmental has acquired Consolidated Giroux Environment Inc, an industrial dredging services company based in Charlo, New Brunswick. No financial terms were disclosed. Terrapure, a Burlington, Ont.-based environmental services and recycling solutions specialist, said the deal adds to the company's capacity to provide onsite dredging services to customers. The acquisition will also increase the range of services available to Giroux’s customer base. Terrapure was launched in March 2015 by Canadian private equity firm Birch Hill Equity Partners. It emerged from Birch Hill's buy of Newalta Corp's industrial division for $300 million.
17 March 2016•3 mins read
