Transportation M&A » By The Online Investor Staff, updated Sun., Apr. 11, 9:17 PM
Recent mergers and acquisitions in the Transportation M&A category.
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Slide #26. Contrans Group Inc. — Best Transfer
Acquirer:
Contrans Group Inc. (CSS.CA)
Acquiree:
Best Transfer
Details:
Contrans Group Inc. (TSX: CSS) announced today that it has acquired the operating assets and real property of Best Transfer, a trucking business, located near Guelph, Ontario. The business has provided transportation services to customers that require flatbed, tank and dry bulk trailers. It is expected that this acquisition will produce annual revenue of approximately $8 million (including fuel surcharges). The company operates 30 highway tractors and 50 trailers.
Contrans Group is a provider of freight transportation services to shippers located in Canada as well as in the eastern, mid-western and southern United States. Co. provides a range of services including vans, flatbeds, tanks, bulk, logistics and waste collection. Vans provide shipments in closed vans throughout Canada and the United States. Flatbeds provide shipments on open trailers primarily throughout Canada and the United States. Tanks provide shipments of liquid and dry bulk material in enclosed tank trailers. Bulk provides shipments in dump and waste trailers. Logistics provide service for global shipping requirements. Waste Collection provides waste and recycling collection services.
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