PRESCOTT, Ont. — Kriska Transportation Group (KTG) has announced the acquisition of JMF Transport, a 65-truck fleet out of Valcourt, Que.
Kriska announced JMF will continue to operate under its current management team, including general manager Stephan Brizard.
“Since the formation of KTG in late 2014, we have been actively looking at acquisitions in Eastern Canada that fit our model of safe, well managed, and financially disciplined companies,” announced Mark Seymour, president and CEO of Kriska.
“Stephan Brizard and his team at JMF have built a company that meets all of these requirements, and I couldn’t be happier to have JMF join the KTG family. As we stated when we formed KTG last year, we believe the truckload market in Eastern Canada will continue to experience significant consolidation, and that our shareholders, employees, and customers will all benefit from the stability and leverage that a larger organization offers.”
“Joining KTG offers the best of both worlds to the employees and customers of JMF Transport,” added Brizard. “We look forward to enjoying the economies of scale that KTG can bring to our company, while still being able to operate our business in the independent manner that has made us successful since our inception in 1967.”
With the acquisition, Kriska now operates 535 tractors, 1,650 trailers and employs 750 people including owner/operators.