Trucking & Fleet Acquisitions in Canada
Showing 2 transactions.
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TFI International Acquires CMW Express and FRL ExpressAugust 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.
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James Richardson & Sons Acquires Bison TransportJanuary 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.