CanadaTrucking

JLD-Laguë acquires Quebec Peterbilt dealer Transdiff

JLD-Laguë, one of Canada’s largest John Deere dealers, has added Peterbilt trucks to its portfolio with the acquisition of Transdiff.

The C$13.5 million (the Canadian dollar equals US$0.75) deal, announced on June 11, includes Transdiff’s four Quebec Peterbilt dealerships and the JDH Peterbilt service center. Two Quebec-based funds – Fonds de Solidarité FTQ and Fondaction – financed the acquisitions.

“These investments … combined with the acquisition of TransDiff and Centre de transmission JDH will allow our company to continue to develop on a solid foundation,” Terry Enepekides, president of JLD-Laguë, said in a statement. “We are therefore very well placed to strengthen our presence in the market.”

The Peterbilt dealerships and service center will operate as a separate division from JLD-Laguë’s 16 John Deere dealerships in Quebec and eastern Ontario. Transdiff and JDH employ 180 people.

With the acquisition, JLD-Laguë has 600 employees and owns four of the 15 Peterbilt dealerships in Quebec.  

In 2014, Canada’s largest John Deere dealer, Cervus Equipment (TSX:CRV), purchased 12 Peterbilt dealers in Ontario.

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Nate Tabak, Canada Correspondent

Nate Tabak is a journalist, editor and producer in Toronto. He covers Canada for FreightWaves, with a keen interest on the cross-border economic relationship with the United States. Nate spent seven years working as an investigative editor and reporter based in Kosovo. He covered everything from corruption to the country’s emerging wine industry. He also reported across the Balkans and investigated Albania’s multibillion-dollar marijuana industry with a grant from the Pulitzer Center on Crisis Reporting. Nate grew up in Berkeley, Calif. He enjoys exploring Toronto with his wife and is always looking forward to his next meal.

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