Done deals: February 22, 2023
Cartier Packaging & Complete Packaging Systems (CPS)
Cartier Packaging has acquired Complete Packaging Systems (CPS). Located in Saint-Césaire, Cartier Packaging specializes ecoresponsible packaging. Complete Packaging Systems (CPS) is an Ontario-based company, also present in the United States, specializing in the optimization and securing of transport packages, mainly in the railway industry. Complete Packaging Systems becomes a division of Cartier Packaging and retains its current brand image.
Creopack & Emballages Montreal Express (EME)
Creopack, a company that designs and manufactures custom protective packaging for shipping industrial, aeronautical and electronic products, has acquired Emballages Montreal Express (EME), which offers handling, packaging and storage services for oversized equipment. This deal adds 35,000 sq. ft. of additional storage space equipped with a high-capacity overhead crane, which allows Creopack to engineer the packaging, use its own teams to pack the equipment, store it until project completion and secure it in containers to send to end customers. This allows customers to free up production space and focus on product manufacturing instead of packaging. EME’s 20 employees will continue to work from the company’s Châteauguay, Quebec, facilities.
Cargojet & Canada Post Group
Cargojet Inc. has extended the Master Services Agreement with Canada Post Corporation and Purolator Inc., (Canada Post Group of Companies – CPGOC) until September 30, 2029. An additional option to renew to March 31, 2031, continues to remain available. Cargojet and CPGOC first entered into the agreement in 2014 for a seven-year term, with CPGOC exercising its first three-year renewal option in 2017 extending the Agreement until March 31, 2025. The newly extended agreement will also continue to have minimum guaranteed volumes.
Ameriflight & Sabrewing Aircraft Company
Ameriflight signed letter of intent to purchase 35 VTOL air cargo drones from Sabrewing Aircraft Company, Inc. The agreement is for the Rhaegal-A aircraft, also known as “Alpha”. Ameriflight expects to take delivery following type certification of the aircraft. Ameriflight will offer distribution centre logistics services for free to its existing customers. Using the VTOL capabilities to carry over a ton of cargo to off-airport alternative landing zones, the new cargo aircraft will allow Ameriflight to aid customers in developing a faster and more efficient warehouse distribution network. This marks Ameriflight’s second agreement to purchase autonomous aircraft after having signed with Natilus to purchase its Kona aircraft, a 3.8-ton payload, short-haul feeder uncrewed aerial vehicle.