M&A Deal Summary

Manitoulin Transport Acquires Exalta Transport

On March 16, 2011, Manitoulin Transport acquired transportation company Exalta Transport

Acquisition Highlights
  • This is Manitoulin Transport’s 1st transaction in the Transportation sector.
  • This is Manitoulin Transport’s 1st transaction in Canada.
  • This is Manitoulin Transport’s 1st transaction in Alberta.

M&A Deal Summary

Date 2011-03-16
Target Exalta Transport
Sector Transportation
Buyer(s) Manitoulin Transport
Deal Type Add-on Acquisition

Target

Exalta Transport

Medicine Hat, Alberta, Canada
Exalta Transport is a regional carrier serving hundreds of communities in Alberta and Saskatchewan through a network of seven terminals and more than 300 pieces of company-owned equipment. Exalta Transport provides scheduled general freight service between terminals in Regina and Saskatoon, and among terminals in Brooks, Calgary, Edmonton, Lethbridge, Medicine Hat and other locations throughout Alberta. It also provides a through service between points in Alberta and Saskatchewan, and a truckload division between points in British Columbia, Alberta, Saskatchewan and Manitoba.

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Buyer(S) 1

Buyer

Manitoulin Transport

Gore Bay, Ontario, Canada

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 1 of 8
Sector: Transportation M&A 1 of 7
Type: Add-on Acquisition M&A Deals 1 of 7
State: Alberta M&A 1 of 3
Country: Canada M&A 1 of 8
Year: 2011 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-19 Penner International - Less-Than-Truckload Business

Manitoba, Canada

Penner International - Less-Than-Truckload Business operates through seven terminals: Toronto, Winnipeg, Edmonton, Calgary, and Surrey in Canada, and Minneapolis, Minn. and Fargo, N.D. in the United States. The primary consolidation points are Winnipeg and Minneapolis. The additional freight to and from the U.S. will allow Manitoulin to provide direct service coverage between Minneapolis and Winnipeg, improving service times to all of Western Canada.

Buy -