Canadian bulk carrier Trimac announced Friday that it has acquired flatbed carrier Watt & Stewart for an undisclosed amount.
Watt and Stewart is a 38-year-old specialty hauler with a fleet of 124 tractors and 205 trailers operating out of locations in Claresholm, Alberta; Lexington, South Carolina; and San Angelo, Texas. The company mainly serves the mining, forestry and manufacturing industries.
It will continue to operate under its current banner and management team as part of the Trimac brands.
“Watt & Stewart is an amazing company with a proud history, and we are honored to carry on their legacy as we work together to reach new heights…,” said Matt Faure, president and CEO of Trimac in a news release . “Together, we are better positioned to serve our customers and drive growth across North America.”
Trimac operates more than 140 locations in the United States and Canada.
The deal closed on Wednesday.
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