Jardine Transport Acquires R.E.M. Transport

July 12, 2017News

REM-Transport-1-2.jpg

Jardine Transport Acquires R.E.M. Transport

July 12, 2017 News

DARTMOUTH, NSJuly 12, 2017, /CNW/ – Jardine Transport Ltd. (“Jardine Transport”) announced today that it has acquired all of the outstanding shares of R.E.M Transport Ltd. (“R.E.M. Transport”), an international long-haul trucking company based in Saint Stephen, New Brunswick. R.E.M. was established in 1973 and currently operates a fleet of more than fifty power units and sixty trailers servicing customers throughout most of Canada and the United States. The company has approximately seventy employees.

“This is a strategically important transaction for Jardine. The acquisition adds scale to our existing operations and increases network density, which will result in improved overall efficiency” said Dean Cull, Chairman of Jardine Transport.

Dion Cull, President of Jardine Transport, commented “I have a lot of respect for Graydon Murphy and Mike Bishop, and I am impressed by what they have been able to accomplish at R.E.M. Transport. The company has established a loyal base of customers by delivering reliable, efficient service across a network of key lanes. We look forward to working with Graydon, Mike and the entire R.E.M. Transport team”.

Graydon Murphy, President, and co-owner of R.E.M. Transport stated “We are pleased to have completed a transaction with Jardine Transport, a member of the SeaFort group of companies. We know that our employees will be well looked after and that the company will have access to capital and additional resources that will support future growth. Mike and I will stay involved with the business on a transitional basis, to provide support to Dion and the Jardine team”.

About Jardine Transport
Founded in 1978, Jardine Transport has developed a reputation as a reliable carrier. The Company services a broad customer base in Ontario, Quebec, Atlantic Canada, Western Canada and the United States from its offices located in Fredericton and Saint Stephen, New BrunswickDartmouth, Nova Scotia, and St. John’s, Newfoundland. Jardine is part of the SeaFort group of companies. Learn more about Jardine at http://jardinetransport.ca/.

About SeaFort
Halifax-based SeaFort Capital makes controlling investments in small and medium-sized Canadian businesses and partners with experienced managers to build value.

SOURCE Jardine Transport Ltd.

For further information: Dion Cull, President, Jardine Transport Ltd, (902) 407-2501

See Orignal News Posting
https://www.newswire.ca/news-releases/jardine-transport-acquires-rem-transport-634035763.html


Jardine-Transport
gil-trucking

seafort-capital-partner-with-jardine

JARDINE TRANSPORT

60 Melissa Street, Unit 1
Richibucto Road, New Brunswick
Canada E3A 6W1

Local 506-453-1811
Fax 506-453-1897
Toll-Free 1-800-561-0206

Monday – Friday
8 AM – 5 PM

R.E.M. TRANSPORT

4 Hall Road
Old Ridge, New Brunswick
Canada E3L 5E1

Local 506 466-2918
Fax 506 466-6388
Canada 1-800-561-9049
U.S. 1-800-561-0103

Monday – Friday
8 AM – 5 PM

GIL TRUCKING

66 Rue Industrielle
St-Jacques, New Brunswick
Canada E7B 1A2

Local: 506.737.8121
Fax: 506.737.8130
Toll Free: 888.575.7070

Monday – Friday
8 AM – 5 PM