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Trimac Income Fund
Trimac acquires fertilizer hauling business
December 27th, 2008
Trimac Income Fund (the "Fund") (TSX Symbol TMA.UN) announced that Trimac Transportation Services Limited Partnership ("Trimac") has completed the purchase of all of the issued and outstanding shares of Canamera Carriers Inc. ("Canamera"). Canamera is a bulk trucking and warehousing company involved in the transportation and warehousing of fertilizer, agricultural products and road salt in the Provinces of Saskatchewan, Alberta and Manitoba.
The purchase price for the business was $2.9 million and includes a fleet of 19 company owned tractors and 24 trailers with annual revenues in its last completed fiscal year of approximately $7.9 million. The transaction also involved...
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Source: Entertainment and Travel (2008-12-27)