approximately 2,000 employees, CEDA is a leading industrial services
company providing maintenance, turnaround, construction and project
services to clients in the oil & gas, pipeline, power, pulp &
paper, chemical, mining, municipal and steel markets for over 44 years.
CEDA has offices throughout North America, and delivers more than 120
distinct services to support critical operations at its clients'
facilities. CEDA is committed to delivering world-class solutions
through innovative technologies, equipment and processes, always with
safety top of mind. For more information, visit www.ceda.com
CEDA Acquires Joe Loomis Trucking
CEDA (CNW Group/CEDA) CEDA (CNW Group/CEDA)
CALGARY, Nov. 16, 2017 /CNW/ - Alberta – CEDA, a leading provider of
maintenance and turnaround services in the upstream and downstream oil
& gas and petrochemicals market has completed the necessary steps
to acquire Joe Loomis Trucking Ltd. (JLT). JLT operates a high quality
fleet of hydro vacuum and combination vacuum units out of Dawson Creek,
British Columbia in the heart of the prolific Montney natural gas
Since 2006, JLT has built a strong and established market position in
production and completions work with blue chip oil and gas operators in
the region. The combination with CEDA will provide JLT with an expanded
suite of maintenance and turnaround services and technical resources
for significant growth opportunities in the Montney region that
currently produces one third of Western Canada's natural gas.
"Joe Loomis Trucking has built an excellent reputation around safety,
service quality and client satisfaction," said Kevin Fleury, President
and Chief Executive Officer of CEDA. "We have pursued this acquisition
with great enthusiasm and we are confident that it will provide CEDA an
opportunity to expand our respective offerings to existing clients, as
well as a stronger capability and track record for us to pursue new
clients in the prolific Montney/Deep Basin play."
JLT Chief Executive Officer Joe Loomis, who will become the operational
Vice President of this new region for CEDA, said: "We are excited to
announce this transformational deal with CEDA. Our business in the
Dawson Creek area becomes a key part of a highly respected North
American group, offering exciting opportunities for a suite of new
services to our current customers and growth opportunities for the
talented team here at Joe Loomis Trucking."
About Joe Loomis Trucking Ltd.
Joe Loomis Trucking, based in Dawson Creek, British Columbia, owns and
operates a high quality fleet of hydro vacuum and combination vacuum
units. The team at Joe Loomis Trucking is dedicated to providing a
first class customer experience based on safety and integrity to oil
and gas operators throughout the region. For more information, visit
CONTACT: please contact: Trish Kloberdanz, Corporate Communications
Manager, CEDA, Direct: 403-476-5643, Cell: 403-808-5239,