WOODBRIDGE, Ont. — Titanium Transportation Group will be listed on the TSX Venture Exchange beginning today.
It will carry the symbol TTR. Going public will allow Titanium to pursue more growth opportunities, its management says.
“The TSXV listing is a significant milestone for Titanium as the Company embarks on a new phase of growth and consolidation,” announced Ted Daniel, CEO of Titanium. “As a private company, Titanium completed seven asset-based acquisitions over the last four years including the highly accretive acquisition of Muskoka Transport Limited in March, 2015. Titanium has a pipeline of future acquisition targets in place and as a public company can now offer a further enhanced opportunity for vendors in the rapidly consolidating Canadian trucking industry.”
Daniel also thanked the company’s drivers and employees.
“This includes the principals and employees of the companies we have acquired who remain an active and integral part of our business. Our strong corporate culture and best-in-class operating team is what allows us to continue to execute our growth and consolidation strategy successfully.”