M&A Deal Summary

Canada Cartage Acquires Laurentien

On January 10, 2022, Canada Cartage acquired transportation company Laurentien

Acquisition Highlights
  • This is Canada Cartage’s 6th transaction in the Transportation sector.
  • This is Canada Cartage’s 6th transaction in Canada.
  • This is Canada Cartage’s 1st transaction in Quebec.

M&A Deal Summary
Date 2022-01-10
Target Laurentien
Sector Transportation
Buyer(s) Canada Cartage
Deal Type Add-on Acquisition

Target

Laurentien

Bois-des-Filion, Quebec, Canada
Laurentien is a dedicated contract transportation provider that specializes in refrigerated freight services to large, well-known brands in grocery, pharmaceutical, food and beverage, and retail sectors. Laurentien was formed in 1960 and is based in Bois-des-Filion, Quebec.

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Buyer(S) 1

Buyer

Canada Cartage

Mississauga, Ontario, Canada
Category Company
Founded 1914
Sector Transportation
DESCRIPTION

Canada Cartage is a provider of customer-located, dedicated trucking services and warehouse solutions to specific customers and reside at their locations. Canada Cartage was founded in 1914 and is based in Mississauga, Ontario.

DEAL STATS #
Overall 6 of 7
Sector (Transportation) 6 of 7
Type (Add-on Acquisition) 6 of 7
State (Quebec) 1 of 2
Country (Canada) 6 of 7
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 Rapid Delivery

London, Ontario, Canada

Rapid Delivery has been providing truckload, expedited, and dedicated transportation services since 1982. With terminals in London and Windsor, Ontario, Rapid provides domestic and cross-border freight services to customers in Ontario, Michigan, and Ohio with a focus on automotive, just-in-time deliveries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-27 GTI Group

Lachine, Quebec, Canada

GTI Group offers integrated transport solutions encompassing heavy haul and over dimensional land transportation, specialty storage & handling, and international logistics and freight forwarding services. GTI Group was founded in 1992 and is based in Lachine, Quebec.

Buy -
Mergr

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