CPE Media News (6/4/2019) – Jardine Transport Group, a portfolio company of SeaFort Capital, has acquired Gil Trucking from owner Danny Soucy who will remain as General Manager of Gil Trucking.
Gil Trucking is an open-deck, long-haul trucking company based in Saint Jacques, New Brunswick.
With the acquisition, Jardine Transport Group operates a fleet of 150 power units and is the fastest growing truckload carrier in Atlantic Canada.
SeaFort Capital acquired Jardine Transport in April 2015.
photo credit: Jardine Transport
Jardine Transport Group Acquires Gil Trucking
DARTMOUTH, NS, June 4, 2019 /CNW/ – Jardine Transport Group announced today that it has acquired Gil Trucking, an open-deck, long-haul trucking company based in Saint Jacques, New Brunswick. Gil Trucking was established in 1987 and currently operates a fleet of more than forty power units servicing customers in Canada and the United States. With this latest acquisition, Jardine Transport Group operates a fleet of 150 power units and is the fastest growing truckload carrier in Atlantic Canada.
“The acquisition of Gil Trucking represents a continuation of Jardine Transport Group’s growth strategy that will enhance our geographic coverage and expand our customer base” said Dean Cull, Chairman of Jardine Transport Group.
Dion Cull, President of Jardine Transport Group, commented “Danny Soucy has built a very strong business, and I am pleased that he will remain as General Manager of Gil Trucking. The company has earned a loyal base of customers and assembled a high calibre team of employees and owner-operators. We welcome Danny and the entire Gil Trucking team to Jardine Transport Group”.
Danny Soucy, President and owner of Gil Trucking stated “We are pleased to have completed a transaction with Jardine Transport Group, a member of the SeaFort group of companies. I believe Jardine Transport Group will be an excellent owner of Gil Trucking, and I look forward to working with Dion and the Jardine Transport Group team to pursue further growth opportunities”.
About Jardine Transport Group
Founded in 1978, Jardine Transport Group has grown to become a leading Atlantic Canadian truckload carrier. The Company services a broad customer base in Ontario, Quebec, Atlantic Canada, Western Canada and the United States from its offices located in Fredericton, Saint Stephen and Saint Jacques, New Brunswick, Dartmouth, Nova Scotia, and St. John’s, Newfoundland. Jardine Transport Group is part of the SeaFort group of companies. Learn more about Jardine at http://jardinetransport.ca/.
Halifax-based SeaFort Capital makes controlling investments in small and medium sized Canadian businesses and partners with experienced managers to build value.
SOURCE Jardine Transport Ltd.
For further information: Dion Cull, President, Jardine Transport Ltd, (902) 407-2501
Latest posts by CPE Media News (see all)
- Blackstone to acquire Dream Global REIT for $6.2B - September 16, 2019
- ONCAP’s Chatters acquires Enviro Trends - September 16, 2019
- Charter Oak and Fonds de solidarité backed Licaplast acquires M’Plast - September 16, 2019