M&A Deal Summary

Manitoulin Transport Acquires Ridsdale Transport

On May 5, 2015, Manitoulin Transport acquired transportation company Ridsdale Transport

Acquisition Highlights
  • This is Manitoulin Transport’s 7th transaction in the Transportation sector.
  • This is Manitoulin Transport’s 8th transaction in Canada.
  • This is Manitoulin Transport’s 2nd transaction in Saskatchewan.

M&A Deal Summary
Date 2015-05-05
Target Ridsdale Transport
Sector Transportation
Buyer(s) Manitoulin Transport
Deal Type Add-on Acquisition

Target

Ridsdale Transport

Saskatoon, Saskatchewan, Canada
Ridsdale Transport Ltd. is a family-owned firm, Ridsdale Transport has been in business since 1949. It has an extensive LTL service in the Saskatchewan market with additional service offerings in Alberta and Manitoba. Operating with approximately 400 pieces of equipment within its network, Ridsdale provides service to more than 200 Saskatchewan points of service via scheduled less-than-truckload (LTL) and truckload (TL) lanes, as well as a dedicated expedited pickup and delivery service to meet non-scheduled transportation requirements. Ridsdale also provides courier service and other specialized service offerings, including warehouse storage, container service and contracted transportation.

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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 8 of 8
Sector (Transportation) 7 of 7
Type (Add-on Acquisition) 7 of 7
State (Saskatchewan) 2 of 2
Country (Canada) 8 of 8
Year (2015) 1 of 1
PREVIOUS 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.

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