WOODSTOCK, Ont. -- Contrans Group has announced the acquisition of Guelph, Ont.-based Best Transfer.
Best provides flatbed, tank and dry bulk transportation services. Contrans estimates it will add about $8 million in annual revenue to its operations.
Best runs 30 highway tractors and 50 trailers.
“The purchase of Best Transfer fits well into the existing competencies of our Ontario divisions,” said Contrans’ chairman and CEO Stan Dunford. “We have existing relationships with many of the Best customers and believe that our purchase of Best Transfer will enhance those relationships with the ability to provide additional service capacity. The purchase also expands our terminal footprint with an additional terminal and yard space along the busy 401 corridor.”