Business
Express Mondor Acquires W.J. Deans Transportation With Support From National Bank Private Investment and Desjardins Capital
Express Mondor Acquires W.J. Deans Transportation With Support From National Bank Private Investm...
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[{"type":"text","content":"\n \n \n \n Express Mondor Acquires W.J. Deans Transportation With Support From National Bank Private Investment and Desjardins Capital\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n Dec. 16, 2022\n \n \n /CNW/ - Express Mondor announced the acquisition of W.J. Deans Transportation, making the new company one of\n \n Canada's\n \n largest flatbed trucking groups. This transaction, which unites the two\n \n Quebec\n \n -based companies, was carried out with support from National Bank Private Investment\n \n TM\n \n (NBPI) and Desjardins Capital, which will become equal minority shareholders of Express Mondor and its affiliated companies.\n \n \n Express Mondor was founded in 1995 by brothers Billy, Dany and Éric Mondor. It specializes in oversized loads and heavy equipment hauling. It operates the subsidiaries Express Mondor (oversized transportation, particularly in the steel and agriculture sectors), Transport L'Épiphanie (heavy transportation services for major infrastructure projects and the heavy machinery sector) and Les Établissements Dubois (specialized in such sectors as entertainment and metals). The group has a fleet of 130 trucks and 425 trailers driven by experienced truckers that embody operational discipline and safety. The company was ranked among the 100 largest SMEs in\n \n Quebec\n \n by Les Affaires and operates one of\n \n Quebec's\n \n 20 largest fleets, according to the 2022 ranking from Transport Routier.\n \n \n \n Bill Deans\n \n founded W.J. Deans Transportation in 1986. The company specializes in the transportation of metals using cutting-edge equipment. It is headquartered in\n \n Delson\n \n and has a terminal in\n \n Stoney Creek, Ontario\n \n . In addition to the 35 company-exclusive owner operators, W. J. Deans Transportation has a fleet of 40 trucks and 125 trailers, as well as a team with in-depth experience in the transportation of heavy metallurgical goods. The leadership of the company has stayed in the family. Its top executives,\n \n Victoria\...