COMPETITION WATCH: Bison to acquire Britton Transport
April 5, 2011
WINNIPEG, Man. -- Bison Transport is set to acquire Grand Forks, N.D.-based Britton Transport. Britton is an asset-based and non-asset-based transport provider providing van, flat bed, step deck and bulk hopper truckload services primarily in...
WINNIPEG, Man. — Bison Transport is set to acquire Grand Forks, N.D.-based Britton Transport. Britton is an asset-based and non-asset-based transport provider providing van, flat bed, step deck and bulk hopper truckload services primarily in the continental US.
“The acquisition of Britton is an important first step in Bison Transport’s US expansion strategy,” said Bison president and CEO Don Streuber. “Britton is a well run operation and has been a strong US partner carrier of ours over the last five years handling a growing portion of our US freight. This transaction will provide Bison Transport a US base of operations in close proximity to one of our key border crossing in the North Central US. We look forward to working with Dave Britton and the Britton employees in providing an expanded quality service offering to Britton and Bison customers.”
“Since 1980, our company has grown from a small brokerage operation with two employees to a full service truckload transport provider with over 45 tractors and 65 employees and drivers,” said Britton Transport founder Dave Britton. “We have grown over the years by providing our customers reliable and innovative transportation services through the dedication and teamwork of our employees. Bison is a key customer and an important partner of Britton’s and this transaction represents a natural evolution of that relationship. We are very pleased to join the Bison family and I feel it gives our employees and our customers a platform to grow in the years ahead.”
The transaction is subject to customary closing conditions and is expected to be completed in late May. Financial details concerning this transaction have not been disclosed.
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