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Western Group Holdings Ltd. has fully acquired Tidal Transport & Trading Ltd., Tymac Launch Services Ltd., and West Coast Agencies Ltd. from Ron Brinkhurst as of June 14, 2024. Ron Brinkhurst retains ownership of Tidal Coast Terminals in Prince Rupert, while Western Group also keeps Tidal’s minority share in Gat Leedm Logistics.
Western Group is a transportation industry leader connecting global trade to critical interfaces of Canada’s marine, rail and road-serviced transportation corridors. Tidal Transport, Tymac Launch and West Coast Agencies have been serving the coastal marine industry in Prince Rupert for many years
Western Group was represented by a Farris transaction team led by Jamie Matthews and including Megan O’Neill and Nick Allen.
Capital West acted as exclusive financial advisor to Tidal Transport.
Parties
Company
Western Group Holdings Limited
Company
Tidal Transport & Trading Ltd.
Deal Type
Merger & AcquisitionIndustry
TransportationTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
21 June 2024