Canadian Equipment Rental Fund has acquired The Bin Company, a waste collection, reduction and disposal company in Edmonton, Alberta, for CDN $1.05 million. CERF made the transaction through its wholly owned subsidiary Smart-Way Disposal & Recycling Co.
CERF also owns 4-Way Equipment Rental Corp.
“We are please to acquire the assets of The Bin Company as they will integrate nicely with our existing operations of Smart-Way in the Edmonton area,” said CERF president Wayne Wadley. “Smart-Way’s strategy to increase our presence in the homeowner and retail markets with products like our EZ-Bag will now be accelerated with the addition of Bin Company’s BinBag. Bin Company’s fleet of disposal bins and diverse customer base will also complement Smart-Way’s fleet of similar assets.”
