The Kenan Advantage Group has completed the acquisition of Paul’s Hauling LTD through its Canadian subsidiary - KAG Canada/RTL Westcan.
The Winnipeg, Manitoba-based company is a leading provider of bulk transport services in Western Canada.
KAG COO Grant Mitchell said: “We have a long history and positive relationship with Paul’s Hauling which was founded by Paul Albrechtsen in 1957.
“At one point in our past, our two companies fell under the same Canadian ownership. This transaction is a natural fit for us based on the many synergies in our operations such as geographic locations, products hauled, customer base and operating systems.”
As part of the transaction, KAG Canada will acquire 233 tractors, 353 trailers and 192 professional drivers and 112 highly skilled operational personnel. Their operations are located in Winnipeg and Brandon, Manitoba, Esterhazy, Saskatchewan and Thunder Bay, Ontario.
Rod Corbett, who joins KAG Canada as executive vice president of Business Administration, added: “Paul’s Hauling and Westcan Bulk were founded and built by Paul Albrechtsen who started his business in Canada with one truck. Paul passed away in 2019 and it was his wish that the two companies be under the same ownership once again. I’m pleased we were able to honour his request. Together, Westcan and Paul’s are stronger and capable of providing even better services to our customers.”
The Kenan Advantage Group operates through its six operating groups consisting of fuels delivery, speciality products, food products, merchant gas, KAG Canada (RTL/ Westcan) and Logistics.
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