Wayne Wadley, president of CERF GP Corp., the general partner of Canadian Equipment Rental Fund Limited Partnership, is pleased to announce the results for the three and six months ended June 30, 2011.
Acquisition of Maplethorpe Contractors Ltd., a private integrated waste management company, was completed on April 29, 2011. The acquisition of MCL is considered to be immediately accretive to the Partnership's operations and significant synergies are expected to be realized in the future. Since the acquisition on April 29, 2011 MCL has contributed sales revenues of $1,904,638 and net income of $267,567 to the consolidated results.
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