SeaFort-backed Jardine Transport acquires Gil Trucking

Jardine Transport Group has acquired Gil Trucking, a Saint-Jacques, New Brunswick-based open-deck, long-haul trucking company. No financial terms were disclosed. The seller was President Danny Soucy, who will remain with the business as general manager. Established in 1987, Gil Trucking operates a fleet of more than 40 power units servicing customers in Canada and the United States. Jardine, a Fredericton-based long-haul truckload carrier, said the acquisition increases its fleet to 150 power units and will expand its geographic coverage and customer base. Jardine was acquired in 2015 by Canadian private equity firm SeaFort Capital.

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