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Celadon unloads logistics business assets
INDIANAPOLIS, Ind. – Celadon Group has sold the assets used in its logistics business in an all-cash deal with TA Services, a subsidiary of PS Logistics. The deal was part of a broader strategic plan to streamline operations, reduce debt,…
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Canvec acquires Location RP assets
MONTREAL, Que. — Canvec Leasing has acquired the assets of Location RP, a Montreal-based business that specialized in renting semi-trailers and container chassis. In the process, Canvec increases its fleet by more than 50%. Most of Location RP’s clients were…
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Trailer Wizards buys Montreal’s CSP
MONTREAL, Que. – Trailer Wizards is expanding. The Canadian company specializing in all things trailers announced its acquisition of Canadian Service Plus (CSP), an independent trailer maintenance repair shop. The purchase will add seven employees and five mobile service vehicles…
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Remorques Lewis completes acquisition deal with BWS; introduces new trailer
QUEBEC CITY, Que. – The owner of Remorques Lewis has acquired trailer manufacturer BWS Manufacturing. (BWS) headquartered in Centerville, N.B. Hugo St-Cyr made a move on BWS, acquiring a majority of shares in the company, after he became interested in…
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Behind the Kriska-Mullen deal
Kriska COO Jonathan Wahba gives an in-depth explanation of the deal between Kriska and Mullen and how it will affect Mill Creek, existing customers and Canadian trucking industry.
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The magic formula to determining the price of your business:does it exist?
It’s like clockwork. Whenever someone calls me about selling their company, they respond to my spiel with the exact same question: “What’s my business worth?” My answer is always the same but never the one they expect: “It depends.” There…
