Trimac Income Fund announced that Trimac Transportation Services Limited Partnership has completed the purchase of The Jeffbrett Group Partnership. Jeffbrett hauls cement primarily on behalf of St Lawrence Cement in southern Ontario. Jeffbrett operates a fleet of about 50 tractors and 65 trailers and had around $10 million in annual revenues in its last completed fiscal year.
An unincorporated, open-ended limited purpose trust, Trimac Income Fund was created to acquire and hold an indirect interest in Trimac.