LaPrairie buys Entrec divisions
By Alex Dahm02 October 2020
Rental and transport businesses Entrec Alberta Ltd and Capstan Hauling have joined the LaPrairie Group of Companies in Canada. They will be LaPrairie subsidiaries run separately. Retaining management and bringing the team of more than 65 drivers will help ensure continuity, LaPrairie said.
Commenting on the deal Scott LaPrairie, LaPrairie Group of Companies president and CEO, said, “We look forward to the added value that these acquisitions will bring. Through the offering of jack and slide services, additional transport trucks and a modern fleet of platform heavy haul trailers, we will be in a position to offer a one stop solution to existing and new customers in these complimentary industries.
“These additions will allow us a total load haul and place of oversized Alberta-manufactured oil and gas plant modules, contributing significantly to the transport effectiveness in the oil and gas sectors in Western Canada,” LaPrairie continued.
In mid-May Entrec Corporation filed for protection under the Companies’ Creditors Arrangement Act (CCAA) in Canada. As part of this restructuring Entrec put its businesses up for sale. Entrec acquired Capstan in 2018. LaPrairie said its acquisition will expand its offer in Fort McMurray and Grande Prairie.
Western Canada-based LaPrairie Group of Companies is a full-service crane and rigging, highway and bridge maintenance, frac sand mining and distribution company. In 1982 it was established as a one-crane, two-man operation in Tumbler Ridge, British Columbia. Now it has more than 600 employees with subsidiaries that include LaPrairie Crane, LaPrairie Haul, LaPrairie Oilfield, LaPrairie Rock, LaPrairie Works and Canadian Silica.