Sanexen Acquires Niedner Business
Logistec Corp., a diversified cargo handler in eastern Canadian and U.S. ports, as well as an environmental service provider whose services include PCB management, site remediation and trenchless structural rehabilitation of watermains, announced Oct. 30 that it has acquired, via its subsidiary Sanexen Environmental Services Inc., the Niedner business for cash consideration of US$13.4 million.