Canada Cartage acquires Walmart Fleet ULC to expand fleet outsourcing

Company

Canada Cartage

Law Firm / Organization
Canada Cartage
Lawyer(s)

David Taylor

Company

Walmart Canada

Law Firm / Organization
Walmart Canada

Canada Cartage announced on January 30, 2025 that it signed an agreement to acquire Walmart Fleet ULC, Walmart Canada’s dedicated fleet operation based in Mississauga, Ontario. Walmart Fleet services over 400 stores across Canada. The acquisition aligns with Walmart Canada’s strategy to focus on retail expansion while allowing Canada Cartage to strengthen its fleet outsourcing business. Canada Cartage will operate Walmart Fleet as a dedicated unit to ensure business continuity.

The deal is expected to close in the coming weeks, subject to customary conditions.

Merger & Acquisition
Transportation
Undisclosed/Confidential
Active