2011-05-30-2011-04-29-2011-04-29

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
6MM
Description

Bought integrated waste management company.

CERF GP Corp., the general partner of Canadian Equipment Rental Fund LP, Calgary, (Toronto Venture: CFL-UN) has acquired privately held, Wetaskiwin, Alberta-based Maplethorpe Contractors Ltd. for C$5.7 million in cash and units.

CERF issued 890,000 LP units at C$2.50 each and paid C$3.48 million in cash.

Maplethorpe is an integrated waste management company. It will operate as a subsidiary of Canadian Equipment Rental, which provides rental, sale and services of industrial and construction equipment to the Canadian energy industry.