Salaberry-de-Valleyfield, December 17, 2015 — Andy Transport announced today the acquisition of Matrec’s terminal located at 4, chemin du Tremblay, Boucherville. The facility has approximately 36,000 sq. ft of office space, 11,000 sq. ft. of garage on approximately 527,452 sq. ft. of land. Andy Transport will occupy 270,281 sq. ft. of land, while Matrec will remain a tenant on premises.
The new terminal will allow Andy Transport to handle the increase in market demand, as well as extend and enhance its services. “We are excited to announce the acquisition of the Boucherville terminal as it represents an excellent opportunity to further develop our footprint in Quebec. The acquisition is expected to result in greater operational efficiencies and a significant increase in market share”, says Andreea Crisan, COO and EVP at Andy Transport.
Andy Transport takes immediate possession of the 270,281 square feet of land and will prepare the site to accommodate its operations. “To enhance the security of the premises occupied by Andy Transport in Boucherville, we are installing an advanced security system which includes a controlled and monitored access as well as 24-hour live camera surveillance”, says Ilie Crisan, President of Andy Transport.
This acquisition is part of Andy Transport’s growth plan, an answer to the company’s strategic direction to strengthen its position on the South shore of Montreal. “We are thankful to our financial partners for trusting us with the strategic acquisition”, says Golan Moryoussef, CFO and VP Sales of Andy Transport.
Source: Codruta Prefit, Marketing Manager