Lonestar Closes Acquisition And Increases Fleet Size Lonestar continues with its aggressive growth strategy through the accretive Saskatchewan acquisition of assets from Vamp Oilfield Services in Moose Jaw for $9.77 million.
This acquisition takes Lonestar’s fleet from 93 to 116 units and complements its existing Saskatchewan presence, as gross sales from the purchased fleet last year were $6.6 million, with over $2.6 million in EBITDA. Along with the trucks comes a new key manager for the area, Ryan Buckton.
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