StorageVault Canada has announced the $68.7 million acquisition of three stores in Ontario. The trio of sites were purchased from separate vendor groups in what the company has described as “arm’s length transactions.”
It is anticipated that the formalities of all three purchases should go through before May 21. The acquisitions bring the number of StorageVault owned shops in Ontario to 27 and 93 overall across Canada. The company also manages an additional 31 stores in the province and 56 nationwide.
StorageVault owns and operates storage locations in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia.