James Richardson & Sons, Limited (JRSL) and Wescan Capital Inc. have announced that effective January 1, 2021, JRSL acquired 100 per cent of the issued and outstanding shares of Bison Transport Inc. and its affiliated companies (Bison).

Bison is a Winnipeg-headquartered transportation company established in 1969 by Duncan M. Jessiman, which has grown to become one of Canada's largest trucking companies with over 3,700 employees and contractors operating a fleet of 2,100 tractors and 6,000 trailers throughout North America. Together with its affiliated companies, H.O. Wolding, Searcy Trucking and Britton Transport, Bison services a wide variety of multinational, national and local customers.

The transfer of ownership from Wescan to JRSL will not result in any changes to Bison's operations, nor to the "Bison" brand.

Bison will continue to be headquartered in Winnipeg.

Financial details of the transaction will not be made public.