Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/9/2012 10:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Entrec Acquires Singer Companies

Canadian carrier Entrec Transportation Services on Monday said it has purchased the Singer Specialized Group of Companies for C$15.3 million in stock and cash, minus the value of long-term debt.

The payment consisted of 3.9 million shares of Entrec stock at C$1.35 per share, with the remainder of the sum paid in cash, Entrec said in a statement.

Singer, based in Calgary, Alberta, specializes in hauling oversized equipment for the oil and gas, petro-chemical, power generation and mining industries.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


 

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement