Seaport Intermodal Ltd.
Brampton, ON | Current
President: Alex Cardin
Rouge River Capital Investment Role: Lead Investor
Rouge River Capital Ownership: Control
Year of Initial Investment: 2009
In 2009, shipping giant Maersk sought to divest itself of its Canadian marine container transportation and storage operations near Toronto and Montreal, formerly known as Bridge Terminal Transport. Rouge River Capital successfully purchased Bridge Terminal Transport, renamed Seaport Intermodal, and kept current management while retaining Maersk as a key customer.
At first, the strategy was to instill strong operating and financial discipline in the business, while investing heavily in state of the art systems in order to drive superior customer service. Over the years, the company re-invested its cash flow into its asset base in order to drive to a low cost position, which in turn helped it to grow.
Today, Seaport is the Canadian market leader in marine container transportation and continues to diversify its customer base and services.
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