AIMCo Acquiring Cando Rail & Terminals

Written by Marybeth Luczak, Executive Editor
“We are delighted with the success of our partnership with TorQuest and excited about the next chapter of our business evolution in partnership with AIMCo,” said Brian Cornick, President and CEO of Cando Rail & Terminals Ltd. “We look forward to continuing to support our customers and benefitting from AIMCo’s considerable experience, relationships and resources.”

“We are delighted with the success of our partnership with TorQuest and excited about the next chapter of our business evolution in partnership with AIMCo,” said Brian Cornick, President and CEO of Cando Rail & Terminals Ltd. “We look forward to continuing to support our customers and benefitting from AIMCo’s considerable experience, relationships and resources.”

Alberta Investment Management Corporation (AIMCo) of Canada will acquire a 100% equity stake in Cando Rail & Terminals Ltd. from TorQuest Partners (TorQuest), a Canadian private equity fund manager. Terms of the deal were not disclosed.

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