Storagevault Canada Inc SVAUF

Primary Symbol: T.SVI Alternate Symbol(s): T.SVI.DB.B | T.SVI.DB | T.SVI.DB.C

StorageVault Canada Inc. is a Canada-based storage company. The Company's primary business is owning, managing and renting self-storage and portable storage space to individuals and commercial customers. It operates three business segments: self storage, portable storage and management fees. It is represented regionally under the various brands: Access Storage, Sentinel Storage, Depotium Mini-Entrepot and Cubeit Portable Storage. It also provides last mile storage and logistics solutions through FlexSpace Logistics and professional records management services, such as document and media storage, imaging and shredding services through RecordXpress. It owns and operates approximately 251 storage locations across Canada. It owns 221 of these locations plus over 5,000 portable storage units representing over 12.5 million rentable square feet on over 725 acres of land. It offers self-storage solutions to residential clients who are in a state of transition.

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Storagevault Canada Inc > StorageVault to Acquire $71,500,000 of Assets

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Post by Betteryear2on Jul 16, 2024 6:04pm

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Post# 36135699

StorageVault to Acquire $71,500,000 of Assets

TORONTO, July 16, 2024 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has agreed to acquire two adjacent properties in southern Ontario from two arm’s length vendors (the “Vendors”) for an aggregate purchase price of $71,500,000, subject to customary adjustments (the “Acquisition”).

StorageVault to Acquire $71,500,000 of Assets; Updates (globenewswire.com)

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