Posted: January 10, 2018 by Today's Trucking Staff
QUEBEC, QC – QSL, Groupe Robert (Watson and Sycamore), and Express Mondor are joining forces to create a fourth entity, Mondor-Watson – one of Eastern Canada’s largest heavy-hauling and oversized marine and land transportation consortiums.
QSL will hold the majority of the shares, while Mondor’s team will be responsible for daily operations. Groupe Robert, meanwhile, will offer its expertise in transportation and logistics as well as establishing synergies with the rest of its network.
QSL has a stevedoring network spanning Eastern Canada to the heart of North America, offering logistics services for ships, trucks, and railcars. Groupe Robert has 3,500 employees delivering logistics, distribution, and transportation services. Express Mondor has 170 employees focusing on specialized and oversized ground transport in Canada and the U.S.
A due diligence process is expected to be finalized by April 1. The companies will continue to run independently until that is completed.
“We are highly enthusiastic about our future. Above all, we are especially proud to see Quebec leaders join forces to solidify our position as Quebec’s benchmark in the non-standard transportation and handling industry,” said Eric Mondor, president and Chief Executive Officer of Express Mondor. “Our clients will enjoy cutting-edge expertise and enhanced services thanks to the talent and know-how of the 300-plus employees that the new entity will count on for its continued success.”
“We are tremendously motivated by this exciting partnership and the new opportunities it offers,” said Robert Bellisle, QSL president and Chief Executive Officer.
Michel Robert, president and Chief Executive Officer of Groupe Robert, said the consortium will offer “broadened service offerings” to clients.