PRESS RELEASE

BROSSARD, Thursday, September 16, 2021. –

Ricova Services Inc, a Quebec-owned company that fully integrates the process of collection, sorting, and reselling of recyclables, has acquired Jean-Pierre Guay Transport Inc., a company active for more than 40 years in the region of Upper Richelieu, and located in Saint-Blaise-sur-Richelieu.

With this acquisition, Ricova would like, above else, to demonstrate its leadership as a prominent company on the Quebec market in terms of the collection of residual material via containers and the recovery of recyclable materials. This acquirement has fortified its presence throughout the region of Montérégie. As a result, it is now possible to intervene on different issues relating to the management of residual material by implementing global, innovative, and tailor-made solutions for its customers.

“The acquirement of Jean-Pierre Guay Transport Inc. will open new markets for us to increase our construction and demolition waste management services, which will open new doors for us to recycle more of these materials. We are proud to continue to expand our service areas, particularly in the Montérégie region, to intervene on all issues related to recycling and waste management by implementing global, innovative and customized solutions for its customers”, emphasizes Dominic Colubriale, President, and CEO of Ricova Services Inc.

The total amount of the transaction remains confidential.

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Source : medias@ricova.com