StorageVault Completes the Purchase of Asset
September 29 2022 - 7:00AM
STORAGEVAULT CANADA INC.
(“
StorageVault”) (
SVI-TSX) is
pleased to announce that, further to its May 12, 2022 and June 30,
2022 news releases, it has completed the acquisition of the one
remaining transaction announced on May 12, 2022 (the
“
Acquisition”).
The $4.1 million purchase price for the
Acquisition, subject to customary adjustments, was paid with funds
on hand.
With this Acquisition, StorageVault has now
closed $217.7 million of acquisitions, to date, this year.
About StorageVault Canada
Inc.StorageVault, before the completion of the
Acquisitions, owns and operates 236 storage locations across
Canada. StorageVault owns 204 of these locations plus over 4,500
portable storage units representing over 11.3 million rentable
square feet on over 660 acres of land. StorageVault also provides
last mile storage and logistics solutions and professional records
management services, such as document and media storage, imaging
and shredding services.
For further information, contact Mr. Steven
Scott or Mr. Iqbal Khan:
Tel: 1-877-622-0205
ir@storagevaultcanada.com
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