“We are thrilled to be welcoming another best-in-class company to the PTG family,” noted Larry Cox, President. “
Toronto, Ontario Canada (PRWEB) May 03, 2017
Polaris Transportation Group (PTG) is pleased to announce that it has acquired the shares of J.G. Drapeau Ltd. and Commercial Warehousing Limited based in Toronto, Ontario. Drapeau and Commercial Warehousing will continue to be led by the current management team, including Ms. Margaret Hogg, who will remain General Manager of the companies.
“We are thrilled to be welcoming another best-in-class company to the PTG family,” noted Larry Cox, President. “Drapeau is an award winning carrier (most recently recognized by Trucking HR Canada with the prestigious 2017 Top Fleet Employer award), with a top tier safety record, strong management team, and consistent financial performance over their 47 years in the industry. In addition, they bring deep subject matter expertise in the field of specialized products warehousing, Canada and US distribution programs, and full truckload work (temperature control and hazardous materials).”
“We are incredibly proud of the business we have built over the past 47 years,” commented George Hogg and Jocelyne Hogg, co-founders of Drapeau and Commercial. “The next generation of leaders at Drapeau and Commercial will benefit from all the opportunities a large organization like Polaris can bring, coupled with what we believe to be an excellent cultural fit between our two companies. Polaris’ operational focus, with a passion around safety and well-being for employees, makes them an excellent fit for our team and long standing customers and suppliers.”
This marks Polaris’ third acquisition as the company carries forward its growth agenda consisting of organic and selective acquisitive growth. This acquisition allows Polaris to increase its concentration of Fortune 500 customers, across a wider breadth of industries.
Founded in 1994, Polaris Transportation Group is the largest privately held LTL cross border carrier in Canada. Polaris specializes in the shipment of dry goods and offers daily LTL departures to/from all points across Canada and USA. For more information on Polaris visit their website at http://www.polaristransport.com