Source: StorageVault Canada
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  • StorageVault (SVI) has acquired two stores and two shredding businesses for a total purchase price of $22,910,000
  • The company added the shredding businesses to its records and information management business, RecordXpress, for $8,750,000
  • The company previously acquired two retail stores in Edmonton, Alberta, for $14,160,000
  • The acquisitions were paid for with first mortgage financing, promissory note and funds on hand
  • StorageVault has now closed $241.1 million of acquisitions this year
  • StorageVault owns, manages and rents self-storage and portable storage space to individuals and commercial clients
  • StorageVault Canada Inc. (SVI) is down 2.96 per cent on the day, trading at C$6.06 per share at 1:45 pm ET

StorageVault (SVI) has acquired two stores and two shredding businesses for a total purchase price of $22,910,000.

The company added two shredding businesses to its records and information management business, RecordXpress, for $8,750,000.

This follows the previous acquisition of two retail stores in Edmonton, Alberta, for $14,160,000

The total purchase price of the acquisitions was paid with first mortgage financing, promissory note and funds on hand.

StorageVault has now closed $241.1 million of acquisitions this year.

StorageVault owns, manages and rents self-storage and portable storage space to individuals and commercial clients.  StorageVault owns and operates storage locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia.

StorageVault Canada Inc. (SVI) is down 2.96 per cent on the day, trading at C$6.06 per share at 1:45 pm ET.


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