Normandin Transit sells to TFI International
MONTREAL, Que. – TFI International has purchased Normandin Transit, one of the highest-profile fleets in Quebec.
The Napierville operation had grown to 300 tractors and 1,000 trailers since being founded in 1988, and offered LTL and truckload services across North America. It will now run as a unit within TFI’s LTL operating segment but will continue to be led by siblings Danielle and André Normandin.
Danielle Normandin tells Today’s Trucking that the decision to sell was “personal”, but not brought about by any specific market forces. She also said TFI was a good fit for the business, which now enjoys broader leadership support than ever before.
“The organization won’t depend on two people,” the vice-president said, referring to herself and her brother. “We brought the company to maturity. Now it’s time to take it to the next level.”
While not offering details about the purchase price, she said they felt comfortable in discussions with Alain Bédard, chairman, president, and chief executive officer of TFI International.
“During the process, I realized that we were talking the same language about human relationships,” she said.
“Danielle and André have built an impressive company,” Bédard said in a related press release. “The acquisition of Normandin strengthens our position in the important cross-border market and will allow us to even better serve our customers.”
Prior to this acquisition, TFI International was already the largest fleet in Canada with 8,639 tractors and 25,451 trailers.
- With files from Steve Bouchard
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