Acquisition designed to enhance company’s presence and scale in Canadian markets.
The document destruction firm Shred-it, based in Oakville, Ontario, has acquired the mobile document destruction firm Super Shred Document Destruction.
Super Shred operated a leading on-site document destruction service operating primarily in the Great Toronto with operations in Cambridge and Ottawa, Shred-it says. The acquisition applies to all of Super Shred's operations. With the acquisition, Shred-it now has three braches in Greater Toronto.
Vince De Palma, Shred-it president and CEO, says, “This acquisition supports our corporate growth strategy, and will significantly enhance our presence and density in key Canadian markets, including the GTA, Cambridge and Ottawa. We look forward to the opportunity to provide Super Shred’s loyal customers with Shred-it’s best-in-class secure document destruction services.”
Over the past two years, Shred-it has completed 18 acquisitions.
“Acquisitions will continue to play an important role in Shred-it’s strategic plans complementing organic growth and further enhancing our market position as a global leader providing document destruction services,” says De Palma.