# SECURE Energy sells facilities to Waste Connections for $1.075 billion

SECURE Energy Services Inc. entered into a definitive agreement to sell facilities formerly owned by Tervita Corporation to Waste Connections Inc. for $1.075 billion in cash plus adjustments, totaling estimated proceeds of $1.150 billion. The sale is subject to regulatory approvals with closing targeted in Q1 2024.

- Type: Acquisition
- Announced: 2023-12-11
- Where: Canada
- Value: $800.0M (1.07B CAD)
- Status: announced
- Products: waste management services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SECURE Energy Services](https://endata.com/companies/7731.md)
- [Tervita](https://endata.com/companies/7732.md) (target)
- [Waste Connections](https://endata.com/companies/69608.md) (acquirer)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/secure-announces-1-075-billion-asset-sale-to-waste-connections-892395173.html), 2023-12-11: "Despite the challenging circumstances leading to and associated with completing this sales process, we believe the Transaction, including the counterparty, are beginning to highlight the underlying value of SECURE's businesses."

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