Mubadala Capital to acquire Canada Cartage, the leading short-haul trucking and logistics business in Canada

Mubadala Capital, the wholly owned asset management subsidiary of Mubadala Investment Company, announced the entry into a definitive agreement to acquire Canada Cartage.

Canada Cartage currently operates through a network of 33 facilities across Canada and is comprised of two business segments: Dedicated Transportation and Logistics. Canada Cartage’s Dedicated Transportation business provides its customers with expert management of their transportation needs, allowing them to realize cost efficiencies and reallocate resources towards core operations. This segment secures essential transportation and distribution services that are embedded into customer operations and are predominantly comprised of contracted partnerships with customers that in many cases span decades and multiple economic cycles.

The Company’s Logistics business provides asset-light supply chain solutions including freight management of both inbound and outbound goods, order and inventory management, warehousing, fulfillment, and final delivery to both B2C and B2B end-consumers.

Read full release here.

Scroll to Top