Jardine Transport Group has bought K&T Transport Ltd., an open-deck, dry van and logistics transportation business based in Plaster Rock, New Brunswick.
K&T was established in 1984 and currently operates a fleet of 60 power units serving customers throughout Canada and the United States.
“The acquisition of K&T is consistent with our strategy of building a leading transportation company based in Atlantic Canada,” said Dion Cull, president of Jardine Transport Group.
“Tim Linton has built a very strong business and I’m pleased that he will remain as general manager of K&T. The company has a long track record of success and will complement our existing operations very well.”
Founded in 1978, Jardine Transport Group has grown to become a large Atlantic Canadian truckload carrier. The company serves a broad customer base in Ontario, Quebec, Atlantic Canada, Western Canada and the United States from offices in Fredericton, St. Stephen, Jacksonville, Plaster Rock and Saint Jacques, New Brunswick; Halifax, Nova Scotia; and St. John’s, Newfoundland.
Jardine Transport Group is part of SeaFort Capital, which specializes in small and medium Canadian companies.