Environmental 360 Solutions Inc. (E360S) is pleased to announce it has acquired Dynamat Inc. and Best Blasting Mat Inc. (“Dynamat” or the “Company”) headquartered in Laval, Quebec.
Founded in 1963, Dynamat the Company is a leading North American manufacturer of blasting mats, marine fenders, silo covers used in agriculture, and road mats made from recycled end-of-life tires. The Company has continued to improve their production process and demonstrate significant growth in sales and employees. Dynamat operates two processing facilities, one in Laval, Quebec and the second in Sturgeon Falls, Ontario approximately 60km west of Sudbury, one of the largest mining cities in Canada.
E360S’ Founder and CEO, Donato Ardellini said “I would like to welcome sellers Nicolas Pedneault and Gabriel Favreau and their dedicated employees to the expanding E360S team. This acquisition provides E360S additional competencies and will complement E360S’ existing end-of-life tire collection and processing infrastructure across both provinces. The acquisition demonstrates E360S continued support of circular economy initiatives which will enable E360S to repurpose end-of-life tires and support sustainability. E360S continues to execute on its goal of becoming Canada’s most trusted environmental management company.”
Miller Thomson LLP acted as legal counsel to E360S.
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, British Columbia, Ontario, Quebec, and Saskatchewan.
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