08:57 AM EDT, 04/22/2024 (MT Newswires) -- StorageVault Canada ( SVAUF ) , which owns and operates 244 storage locations across Canada, on Monday announced the acquisition of two stores from two arm's length vendor groups for a total purchase price of $43 million.

The acquisitions, to be paid with funds on hand and first mortgages, are expected to close next month. The final price is subject to customary adjustments, StorageVault said.