Trimac Purchases Assets of Small Quebec Fleet
CALGARY, AB – Bulk trucking services provider Trimac Transportation Ltd. is increasing its operations in a target market with the purchase of assets of from one small fleet.
It has bought eight power units and 22 trailers as well as the assignment of a transportation agreement for the hauling of bulk liquid emulsions originating from a chemical plant in Quebec to various points in Canada and the United States from Transport Rollex Ltée, a division of Groupe Robert Inc., headquartered in Boucherville, QC.
Terms of the deal have not been released, but Trimac estimates annual revenues are approximately $3 million.
“The asset purchase from Rollex is consistent with our strategic objective to expand our market share in Quebec,” said Trimac’s President and Chief Operating Officer Ed Malysa.
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