FREDERICTON, N.B. — Private investment firm SeaFort Capital has announced the purchase of Jardine Transport.
Jardine is a Fredericton-based long-haul trucking company specializing in flatbed and drop-deck services.
It was founded in 1978 by Robert Leonard and serves customers in Ontario, Quebec, Atlantic Canada, Western Canada and the Northeastern US. Dion Cull has been named the new president of the company and Leonard plans to retire.
“Jardine is a well-run business with excellent employees,” said Rob Normandeau, president of SeaFort. “The company has been servicing an impressive base of loyal customers for decades. The addition of Dion Cull to the management team will provide an orderly transition of leadership. Mr. Cull is a skilled operator and a proven leader. We are very pleased to partner with him on this opportunity.”
Cull added: “I am excited to work with the existing management team as we continue to service Jardine’s established customer base. With support from SeaFort, I plan to grow and develop the company in the coming years.”
SeaFort is backed by the Sobey and McCain families and is based in Halifax, N.S.