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Trimac acquires flatbed conveyor Watt & Stewart

A closeup of a Trimac daycab at a traffic light
Financial terms of the transaction were not disclosed. (Jim Allen/FreightWaves)

Canadian carrier Trimac announced Friday that it has acquired carrier Watt & Stewart for an undisclosed sum.

Watt and Stewart is a 38-year-old specialty hauler with a fleet of 124 tractors and 205 trailers operating out of locations in Claresholm, Alberta; Lexington, South Carolina; and San Angelo, Texas. The company primarily serves the mining, forestry and manufacturing industries.

It will continue to operate under its current banner and management team as part of the Trimac walks

“Watt & Stewart is a remarkable company with a proud history, and we are honored to continue its legacy as we work together to reach new heights…” said Matt Faure, President and CEO of Trimac in a press release. “Together, we are better positioned to serve our customers and drive growth in North America.”

Trimac operates more than 140 locations in the United States and Canada.

The deal closed on Wednesday.

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https://media.zenfs.com/en/freightwaves_373/504efe98c580515f9547c7b09be73bda

2025-01-18 00:02:00

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