RediShred Capital Corp. (TSXV:KUT) acquired MDK Recycling LLC for $0.8 million on January 2, 2024. The purchase price for this acquisition, including earnouts, is estimated to be between $0.5 million and $0.8 million, depending on the performance of MDK Recycling relative to earn-out targets. RediShred Capital Corp. financed this acquisition through cash on hand. MDK Recycling LLC earned approximately $0.7 million in revenue during fiscal 2023.

RediShred Capital Corp. (TSXV:KUT) completed the acquisition of MDK Recycling LLC on January 2, 2024.