TransForce Income Fund Announces Acquisition of Groupe Fortier
MONTREAL, October 19, 2005 – TransForce Income Fund (TSX: TIF.UN), the leader in the
Canadian transportation and logistics industry, announced today that it has signed a letter of intent
to acquire Le Groupe Fortier of Pintendre , Québec .
The companies in Groupe Fortier include Transport Fortier Inc. and Boostway International Corp.
They specialize in the consolidation of less-than-truckload shipments and truckload transportation
between Canada and the United States. The group has annual revenues of approximately $50
million. It also has more than 300 employees located in several facilities, primarily in Quebec and a
fleet of 150 trucks and 325 closed trailers . Its president, Real Fortier, who has built the company
since it was created in 1994, will continue to lead the operations after the closing of the acquisition,
which is expected shortly.
“We are pleased to add Groupe Fortier and its outstanding management team to the growing
number of TransForce operating subsidiaries,” said Alain Bédard, Chairman of the Board, President
and Chief Executive Officer of TransForce Income Fund . “We are convinced that the addition of
Groupe Fortier, as well as the three other acquisitions we have announced in the past month, will
generate significant value for our unitholders.”