M&A Deal Summary

Manitoulin Transport Acquires Cratex Industries

On March 18, 2013, Manitoulin Transport acquired packaging company Cratex Industries

Acquisition Highlights
  • This is Manitoulin Transport’s 1st transaction in the Packaging sector.
  • This is Manitoulin Transport’s 6th transaction in Canada.
  • This is Manitoulin Transport’s 3rd transaction in Alberta.

M&A Deal Summary
Date 2013-03-18
Target Cratex Industries
Sector Packaging
Buyer(s) Manitoulin Transport
Deal Type Add-on Acquisition

Target

Cratex Industries

Edmonton, Alberta, Canada
website
Cratex Industries Ltd. Alberta’s largest crating, packaging and export services company, based in Edmonton. Cratex has been providing professional packaging for the shipment of manufactured goods since it was established in 1989. Company is a supplier to Alberta’s oil and gas technology services sector, the company’s offerings include: crating, skidding, poly wrap, container loading and unloading, mobile site teams and project packaging.

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Buyer(S) 1

Buyer

Manitoulin Transport

Gore Bay, Ontario, Canada

website

Category Company
Founded 1953
Sector Transportation
DESCRIPTION

Manitoulin Transport has the most extensive transportation network in North America, making it easy to provide dependable on-time delivery and faster transit times. Sustained by its 50 years experience, Manitoulin developed the transportation knowledge that is relied and trusted by clients in various industries. Manitoulin’s command of the transportation industry, together with its progressive technology, innovative equipment fleet and cross Canada locations can ship world confidently.

DEAL STATS #
Overall 6 of 8
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 5 of 7
State (Alberta) 3 of 3
Country (Canada) 6 of 8
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-05 Expedite Plus

Milton, Ontario, Canada

Expedite Plus, Inc. is a specialized service provider for the movement of highly time-critical shipments across the globe via air and ground. Company offers ground transportation, air next flight out, and air charter services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-02 Canfleet Logistics

Vancouver, British Columbia, Canada

Canfleet has established itself as a trusted provider of integrated logistics solutions, ocean freight operations, and global supply chain management to customers in the lumber, agriculture, scrap metal, and automobile export industries. It also provides refrigerated transportation for perishable goods.

Buy -
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