Agility acquires Geopetrol in Canada

Geopetrol's range of services include all aspects of freight forwarding, including air, ground, sea freight, customs clearance, and warehousing. The company has a special focus on project logistics, including heavy lift and oversize cargo shipments, as well as other specialized project forwarding services for the Canadian oil and gas industry.

With offices located in Edmonton and Calgary, Alberta, and St. John's, Newfoundland, Geopetrol has a strong customer base throughout the country. These locations now add on to Agility's network of over 550 worldwide offices and 32,000 employees.

"Geopetrol is a strong addition to Agility's operations in Canada and contributes the necessary talent and expertise we require to expand our oil & gas and project cargo offerings,"

said Mark Soubry, Chief Executive Officer of Agility Canada.

"This acquisition gives us strategic capabilities to tackle the growing opportunities within Canada and into other international oil and gas markets," he said.

Customers will greatly benefit from the combined synergies of the two companies, according to Larry Weischwill, SVP Americas of Agility Project Logistics. "Strengthened operations will offer customers better services and solutions through Agility's extensive global network and focus on personal service," he said.

"It is a pleasure for us to be a part of the huge Agility network," said Ron Hedlund, President, Geopetrol, in Edmonton. "Their geographic reach and broad portfolio of services will be of great advantage to Geopetrol, while our specialized services and the niche market will indeed be an additional asset to Agility worldwide."