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- Green Sanitech Inc
Green Sanitech Inc
Green Sanitech Inc., a Pickering, Ontario based disinfectant distribution business, filed an assignment in bankruptcy on the September 22, listing approximately $396,000 in liabilities. The company had started the business with the intention of having exclusive distribution rights for the products, which did not materialize. In addition, the competitive nature of the industry, significant pricing pressures along with the slowdown during the COVID-19 pandemic adversely affected the business. The company continued to incur costs, and with no visibility towards the revival of the business, filed an assignment in bankruptcy. Goldhar & Associates Ltd is the bankruptcy trustee.