TIP Trailer Canada expands fleet to 33,000 vehicles
TIP Trailer has signed an agreement to acquire Trailer Wizards, a supplier of trailer rental and leasing services in Canada. TIP first expanded from Europe into Canada in 2016 with the purchase of Train Trailer.
The latest acquisition will add 21 locations, over 400 employees and a diversified fleet of over 23,000 units in Canada. Following the transaction, TIP’s Canadian division will have a combined fleet of over 33,000 trailers, reefers, chassis and flatbed/drop‐deck configurations and a staff of over 500 people. The transaction is subject to customary closing conditions and regulatory approvals. (ben)