Trimac Transportation Announces Acquisition of Liquid Cargo Lines

Posted on the 31 July 2012 by Easytracgps @EasyTracGPS

CALGARY, July 30, 2012 – /PRNewswire/ -Trimac Transportation Ltd. (“Trimac”) (TSX: TMA) announced today that it has completed its acquisition of all of the issued and outstanding shares in the capital of Liquid Cargo Lines Limited (“LCL”).  Trimac acquired the shares of LCL from McCaig Real Estate Ltd., an affiliate of Trimac, for a purchase price of $1,986,000.

LCL, based out of Mississauga, Ontario since 1953, has provided specialized bulk transportation deliveries throughout Ontario, Quebec and the United States with a focus in chemicals and asphalt. The assets of LCL include 42 trailers, 22 company owned power units in addition to 8 owner operator units and a lease of a 13 acre property in Mississauga, Ontario.