Environmental 360 Solutions Ltd. (E360S) is pleased to announce it has acquired the assets of the Industrial Services Division of BM Services Inc., and the shares of Herby Enterprises Limited and Roztek Ltd. (the “Companies”), from Milman Industries based in Sudbury, Ontario.
The Companies specialize in commercial and industrial heavy-duty cleaning, non-destructive excavation, high pressure washing, industrial vacuuming, hydro-excavation. BM Services and Herby Enterprises and based in Sudbury, Ontario, and services the surrounding area, while Roztek is based in Timmins, Ontario. The acquisition represents an attractive tuck-in opportunity for E360S in Northern Ontario as E360S continues to achieve greater market leadership.
E360S’ Founder and CEO, Donato Ardellini, said “This is a great acquisition for E360S in North Ontario market as we continue to build market share. I would like to thank Milad Mansour for trusting E360S with servicing the Companies long-standing customers. We are excited to welcome all the employees of the Companies to the E360S team. The acquisition represents an attractive opportunity for E360S to expand its market share and continue to drive organic growth and is the start of a working relationship between E360S and Milman Industries. The acquisition will allow E360S to realize significant operational synergies with its existing operations in Sudbury and Timmins. E360S will also offer the Companies’ customers the entire suite of waste management solutions currently offered by E360S. We continue to execute on our goal of becoming Canada’s most trusted environmental management company.”
Milman Industries founder, Milad Mansour, stated “As a family company, it was not easy to sell a division and businesses that so many of our employees had worked so hard to build. My decision is a result of choosing to focus on our core business of mining services and railcar servicing. After lengthy discussions with Donato we felt that our customer base and employees in the Sudbury and Timmins area would be well taken care of to the same standards we worked so hard to maintain.”
About Environmental 360 Solutions Ltd.
Founded in October 2018, by industry veteran Donato Ardellini, E360S is dedicated to becoming North America’s leading and most trusted environmental management company. Growing through acquisition and organic initiatives, E360S provides environmental and waste management solutions to municipalities and industrial commercial and institutional customers. E360S is based in Aurora, Ontario, Canada and operates throughout Alberta, Ontario, Quebec, and British Columbia.
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