Manac takes share of ABS Remorques
ASBESTOS, QC – Manac has taken a minority stake in ABS Remorques, a Canadian manufacturer of conveyor semi-trailers, the companies have announced.
ABS designs and manufactures specialized live-bottom semi-trailers for aggregate haulers, and has a production facility located in Asbestos, Quebec. Manac produces vans, flatbeds, and specialty trailers such as dumps, low beds, grain hoppers, chassis, chip and logging trailers.
Terms of the deal and the actual size of the minority stake were not announced.
“ABS’s conveyor semi-trailer is absolutely complementary to our line of products,” said Charles Dutil, president of Manac. “The sharing of best practices and access to our sales and service network will be beneficial to both companies.”
The deal will allow ABS Remorques to expand in both Canadian and American markets, added Francois Gouin, president and majority shareholder of ABS, which is celebrating its 30th anniversary this year.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.