On July 22, 2022, Stella-Jones Inc. completed the acquisition of substantially all of the operating assets of the Dinsmore Trucking group, a specialty poles and logs carrier and transportation business.
Dinsmore’s operations are principally located in Ontario and Alberta and their services extend across Canada and to parts of the United-States. As much of Stella-Jones’ business relies on sound logistics, securing trucking assets through this acquisition will help Stella-Jones better serve its network and customers through increased control and flexibility of transport operations.
Stella-Jones Inc. is North America’s leading producer of pressure-treated wood products. It supplies all the continent’s major electrical utilities and telecommunication companies with wood utility poles and North America’s Class 1, short line and commercial railroad operators with railway ties and timbers. Stella-Jones also provides industrial products, which include wood for railway bridges and crossings, marine and foundation pilings, construction timbers and coal tar-based products. Additionally, Stella-Jones manufactures and distributes premium treated residential lumber and accessories to Canadian and American retailers for outdoor applications, with a significant portion of the business devoted to servicing the Canadian market through its national manufacturing and distribution network. Stella-Jones’ common shares are listed on the Toronto Stock Exchange.
Fasken represented Stella-Jones Inc. with a team led by Jean Michel Lapierre and including Véronique Harvey-Bertrand and Vincent Morin-Lavoie (Corporate/M&A), Iris Tam and Larissa Svekla (Real Estate) and Andrew Haikal (Tax).
Jurisdiction
- Ontario
