HALIFAX: Halifax-based investment company Clarke Inc has acquired all of the operating assets of Select Transport Incorporated. Based in Windsor, Nova Scotia, Select specialized in the over-the-road transport of produce and other refrigerated freight. The transaction was completed by Clarke Road Transport Inc, Clarke’s wholly-owned, full-load trucking business.
“This strategic acquisition expands our service offering into the area of refrigerated transport,” said Dean Cull, president of Clarke Road and COO of freight transportation for Clarke. “It will allow us to better service our existing customers and build out our client base. Further, it will allow us to improve our efficiency by maximizing our equipment utilization. The Clarke team is extremely excited by the opportunity this acquisition provides.”
The transaction will add scale and breadth to Clarke Road, said Rob Normandeau, president and CEO of Clarke, noting it was one of the organization’s core investments. “We will look to continue to support Dean and his team as they build and develop our freight investments,” Normandeau said. “These businesses have held up well in a relatively tough operating environment and we are optimistic about their future performance.”