PE-Backed BENEV Sells Québec Waste Treatment Plant for $10M

Oakville, Ontario-based BENEV Capital Inc. (BCI), a provider of solutions for the treatment of contaminated soil, has sold its Saint Ambroise, Québec-based waste treatment plant and related assets to a company controlled by the plant's current manager Jean-Francois Landry for up to $10 million. The transaction was approved by BCI shareholders in May. BCI is a portfolio company of Canadian private equity firm Second City Capital Partners.

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