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StorageVault Canada Completes $60.8 Million Purchase of Four Storage Sites
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StorageVault Canada Completes $60.8 Million Purchase of Four Storage Sites
Sep 29, 2025 6:09 AM

08:41 AM EDT, 09/29/2025 (MT Newswires) -- StorageVault Canada ( SVAUF ) Monday said it completed the acquisition of 4 additional stores from four vendor groups, for an aggregate purchase price of $60.8 million.

All of the acquisitions are arm's length.

The aggregate purchase price, subject to customary adjustments, was paid with funds on hand and mortgage financing.

The company said that one previously announced acquisition from the April 23, 2025 news release, valued at $2.6 million, was not completed due to due diligence conditions not being satisfied and was replaced. It was replaced with the acquisition of a new asset valued at $9 million, bringing the total completed transactions year to date to $132.6 million, added the company.

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