Tervita buys Columbia Recycle in Kimberley and Trail
Tervita is a leading environmental services company with nearly 40 years of industry experience.
Kimberley-based Columbia Recycle has been acquired by Tervita Corporation on July 14, 2017. Tervita is a leading environmental services company with nearly 40 years of industry experience.
A press release stated, “Tervita has over 80 facilities across Canada, including metal recycling facilities in Red Deer, AB, Peace River, AB and scrap metal recycling operations in Fort McMurray, AB. Tervita is committed to operational excellence and safety in all that we do. We look forward to building on Columbia Recycle Ltd’s relationships in Southeast BC.”
Tervita Corporation also announced on October 17, 2017 its acquisition of Columbia Recycle (1996) Ltd. (Columbia Recycle), a full-service scrap yard located in Trail, British Columbia.
“This acquisition is a great complement to our other lines of business and its strategic location will allow us to provide enhanced service offerings to customers in the region,” said John Cooper, President and Chief Executive Officer with Tervita. “We look forward to welcoming the Trail employees to our team and to working with customers and suppliers in the region.”
This acquisition follows Tervita’s announcement on July 14 regarding the purchase of Columbia Recycle (2008) located in Kimberley, British Columbia; and supports the Company’s strategic focus of growing its scrap operations in southeast B.C.
Columbia Recycle was incorporated in 1995. Columbia has been in the salvage and recycling industry for over 15 years and operated as the largest metal recycler in Southeast B.C. -- located in Marysville, British Columbia. Columbia Recycle owned and operated an inventory of specialized scrap handling equipment. This allowed them to dismantle or demolish thousands of tons of material quickly and efficiently and move by truck or rail.