Archived — Competition Bureau approves divestitures in waste services merger
OTTAWA, October 5, 2010 — The Competition Bureau announced today that it has approved the divestiture of commercial waste collection assets belonging to BFI Canada Inc. (BFI Canada) in Calgary, Ottawa and Edmonton, as part of a remedy addressing competition concerns resulting from the July 2010 merger of Waste Services Inc (WSI) and IESI-BFC Ltd., the parent company of BFI Canada.
Under the terms of the Consent Agreement reached with the parties, IESI-BFC and WSI are required to divest commercial waste collection assets, including customer contracts, vehicles, bins and other equipment in Calgary, Edmonton, Hamilton, Ottawa and Simcoe County. BFI Canada will also divest WSI's commercial waste transfer station located in Hamilton.
Super Save Group has acquired the divested waste collection assets in Calgary, consisting of approximately 795 customer contracts, as well as 1,212 bins and five trucks.
Tomlinson Environmental Services has acquired the divested waste collection assets in Ottawa, consisting of approximately 859 customer contracts, as well as 2,325 ins and five trucks.
Contrans Corp. has been approved as the purchaser of the divestiture assets in Edmonton, consisting of approximately 1,592 customer contracts, as well as 1,500 bins and four trucks.
The divestiture process for the remaining assets is ongoing.
Mergers in Canada are subject to review by the Competition Bureau under the Competition Act to ensure that they will not result in a substantial lessening or prevention of competition.
The Competition Bureau is an independent law enforcement agency that contributes to the prosperity of Canadians by protecting and promoting competitive markets and enabling informed consumer choice.
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