Canadian bulk hauler Trimac announced Friday it has acquired flatbed carrier Watt & Stewart for an undisclosed sum.
Watt & Stewart is a 38-year-old specialized carrier with a fleet of 124 tractors and 205 trailers operating out of locations in Claresholm, Alberta; Lexington, South Carolina; and San Angelo, Texas. The corporate primarily serves the mining, forestry and manufacturing industries.
It’ll proceed to operate under its current banner and management team as a part of the Trimac brands.
“Watt & Stewart is a remarkable company with a proud history, and we’re honoured to hold forward their legacy while working together to realize latest heights …,” said Matt Faure, Trimac president and CEO in a news release. “Together, we’re higher positioned to serve our customers and drive growth across North America.”
Trimac operates greater than 140 locations within the U.S. and Canada.
The deal closed on Wednesday.
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