Done deals: May 2, 2024

Trimac Transportation & Feldspar Trucking Co.

Calgary-based bulk carrier Trimac Transportation has acquired Feldspar Trucking Co. Founded in 1967 as Norris Trucking, in North Carolina, Feldspar Trucking specializes in the bulk transportation of feldspar, sand, clay and minerals crucial to the ceramics and glass industries. Feldspar Trucking’s team comprises over 60 dedicated company drivers, supported by broker carriers, office staff and shop employees.

Warehouse on Wheels & BenLea Leasing Inc.

Warehouse on Wheels (WOW), formerly known as American Trailer Rental Group, a portfolio company of Wind Point Partners (Wind Point), and a provider of mobile storage solutions has bought the storage trailer rental operations of BenLea Leasing Inc., a Cambridge, Ontario-based provider of trailer rental solutions to manufacturing, distribution, and 3PL customers. The addition of BenLea is WOW’s 21st acquisition, alongside two greenfield expansion locations since partnering with Wind Point. It will allow the company to serve customers across the greater Toronto area. Established in 1976, BenLea provides trailer rentals and a full-service maintenance program.

Emergent Cold Latin America & Frigorifico Modelo

Emergent Cold Latin America (Emergent Cold LatAm) acquired the cold storage business of Frigorifico Modelo (Frimosa) located in Montevideo, Uruguay. Emergent Cold LatAm also announced plans to immediately develop a 17,000-pallet expansion of its newly acquired facility in Polo Oeste, a project that should be complete by mid-2024. Emergent Cold LatAm acquired Frimosa’s logistics campus located in Polo Oeste, a 22,000-pallet cold storage facility. Emergent Cold LatAm will also lease a second Frimosa site located in downtown Montevideo until its planned expansion project is complete. In April 2023, Emergent Cold LatAm completed the acquisition of Frimosa’s Paraguay operations consisting of a newly built 8,400-pallet warehouse located in Asunción with land for growth.

Lineage

Lineage Logistics has changed its name to Lineage. Established in 2012, the company has grown through an acquisition strategy, over 110 acquisitions. Lineage operates over 480 warehouses in 18 countries with more than 26,000 dedicated employees. It specializes in handling food products.