Truck News

News

COMPETITION WATCH: TransForce planning to acquire Express Golden Eagle

MONTREAL, Que. -- TransForce Income Fund has announced that it intends to acquire Express Golden Eagle Inc. headqua...


MONTREAL, Que. — TransForce Income Fund has announced that it intends to acquire Express Golden Eagle Inc. headquartered in Bois-des-Filion, Que. The transaction is expected to close in early October.

Express Golden Eagle is an industry leader in open truckload transport, with a primary focus on international volume between Ontario and Quebec and strategic U.S. locations. Through its subsidiaries, the company operates 175 tractors, 300 open and closed trailers, and generates annual revenue of about $45 million. The company’s core business is the transportation of raw materials and construction materials for a customer base of large corporate clients.

Express Golden Eagle will continue to operate under the leadership of president Serge Lacasse, who will report to Alain Bdard, president and CEO of TransForce Income Fund.

“The acquisition of Express Golden Eagle will strengthen TransForce’s Specialized Truckload operations in Ontario and Quebec and our international truckload capabilities while adding strong leadership to our team,” Bdard said.


Truck News

Truck News

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.
All posts by

Print this page
Related Articles
TruckNews
TodaysTrucking


Have your say:

Your email address will not be published. Required fields are marked *

*