Trucking & Fleet Acquisitions in Canada

Showing 2 transactions.

  • TFI International Acquires CMW Express and FRL Express
    August 14, 2024
    Buyer
    TFI International
    Target
    CMW Express, FRL Express
    Industry
    Trucking & Fleet
    Location
    Canada
    Type
    Buyout

    TFI International acquired Canada-based carriers CMW Express and its sister company FRL Express, according to an announcement on LinkedIn. The two businesses are truckload (TL) and less-than-truckload (LTL) specialists serving Quebec, the Maritimes, Ontario and the eastern United States; financial terms were not disclosed.

  • James Richardson & Sons Acquires Bison Transport
    January 5, 2021
    Buyer
    James Richardson & Sons, Limited (JRSL)
    Target
    Bison Transport Inc., H.O. Wolding, Searcy Trucking, Britton Transport
    Seller
    Wescan Capital Inc., Jessiman family
    Industry
    Trucking & Fleet
    Location
    Manitoba, Canada
    Type
    Buyout

    James Richardson & Sons, Limited (JRSL) acquired 100% of the issued and outstanding shares of Bison Transport Inc. and its affiliated companies, effective January 1, 2021. The business was purchased from the Jessiman family’s holding company, Wescan Capital Inc., and Bison will remain headquartered in Winnipeg with no expected operational or branding changes.