GFL Environmental Finalizes $8 Billion Sale of Environmental Services Division
March 3, 2025 - 13:37
GFL Environmental Inc. has successfully completed the sale of its Environmental Services business, a transaction valued at a substantial $8.0 billion. This strategic move marks a significant milestone for the company, allowing it to focus on its core operations and enhance its financial position.
The sale is expected to provide GFL with increased liquidity, enabling it to invest in growth opportunities and strengthen its market presence. The decision to divest the Environmental Services division aligns with GFL's long-term strategy to streamline operations and concentrate on its most profitable segments.
As the company transitions away from this segment, it aims to leverage its remaining assets to drive innovation and improve service offerings in waste management and recycling. The completion of this sale reflects GFL's commitment to delivering value to its shareholders while positioning itself for future success in the environmental sector. This development is likely to have a lasting impact on the company's operational focus and financial trajectory.
MORE NEWS
October 30, 2025 - 03:31
Landscaping Equipment Theft Disrupts Garland Mentorship InitiativeIn a troubling incident, a mentorship business in Garland has been significantly impacted by the theft of essential landscaping equipment. The organization, which provides guidance and training to...
October 29, 2025 - 04:26
Autonomous Vehicles: A Dream Realized After Two DecadesChris Urmson, the former leader of Google’s driverless car project, has announced that the long-anticipated era of autonomous vehicles has finally arrived. After nearly 20 years of research,...
October 28, 2025 - 13:50
Alex Rodriguez Reflects on Advice to Young Patrick MahomesAlex Rodriguez recently shared a memorable moment from his past involving NFL superstar Patrick Mahomes. Rodriguez, a former Major League Baseball player, recalled advising Mahomes to pursue...
October 27, 2025 - 23:55
Photographer Arrested in Child Exploitation CaseFAYETTE COUNTY, Ind. — A local and federal investigation into child sex crimes has resulted in the arrest of a photographer from Connersville. Authorities revealed that the suspect confessed to...