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COMPETITION WATCH: Kriska acquires van operations of BMD

PRESCOTT, Ont. -- Kriska Holdings has announced it intends to purchase certain assets of the van division of B...


PRESCOTT, Ont. — Kriska Holdings has announced it intends to purchase certain assets of the van division of BMD Transportation.

 

BMD is a truckload carrier based in Lansdowne, Ont. which provides domestic and cross-border trucking services for fortune 500 clients. The deal’s expected to close Jan. 31.

 

“This acquisition is another exciting moment for Kriska. The addition of the BMD assets, employees, contractors, and customers will compliment our strategic objective of adding quality people and quality revenue,” said Mark Seymour, president and CEO of the Kriska Group.  “BMD has been a leader of transportation services in Eastern Ontario since 1978 and has modeled itself much like Kriska; a trusted employer and service provider.”

 

“When deciding to sell my business, my priority was to place my employees and customers in the hands of a quality carrier,” added Bert McMahon, president of BMD Transportation. “I’ve known the Kriska organization for a long time and I’m comforted by the way they treat people and manage their business. My people and customers are in a safe place.”


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