# TC Transcontinental acquires assets of insolvent Enviroplast film recycler

Montreal-based TC Transcontinental bought the assets of Enviroplast, an insolvent LDPE film recycler with plants in Quebec and Ontario, for 16.1 million Canadian dollars. The purchase was announced June 16, 2020, and the equipment will supply recycled resin for its packaging production.

- Type: Acquisition
- Announced: 2020-06-16
- Where: Canada
- Value: $11.8M (16.1M CAD)
- Status: completed
- Products: recycled LDPE pellets, flexible plastic packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [TC Transcontinental](https://endata.com/companies/2421.md) (acquirer)
- [Enviroplast](https://endata.com/companies/4717.md) (target)

## Sources

- [resource-recycling.com](https://resource-recycling.com/plastics/2020/06/24/assets-of-closed-canadian-film-recycler-acquired/), 2020-06-24: "TC Transcontinental purchased the assets for 16.1 million Canadian dollars."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.