PE-backed Algeco Scotsman acquires Chard Camp Catering Service
Algeco Scotsman and its subsidiary Target Logistics have acquired Chard Camp Catering Service Ltd, a Fort McMurray, Alberta-based provider of remote workforce housing and catering services. The financial terms of the deal were not published. Going forward, Chard will be led and managed by Target, a modular and oil field housing and workforce housing company based on Boston, Mass., allowing it to expand into the Canadian market. Baltimore, Maryland-based Algeco has been a portfolio investment of British private equity firm TDR Capital since 2004.
5 December 2013•4 mins read
