KAG Acquires Liquid Bulk Carrier Idaho Milk Transport
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Kenan Advantage Group has acquired Idaho Milk Transport, the company announced Oct. 11.
IMT is a Burley, Idaho-based bulk transporter of dairy, edible oils, juices and other liquid food-grade products. The carrier has operations throughout the U.S. and Canada. KAG said IMT’s entire team will join its own food products division. IMT co-founders Gene and Robert Brice will remain with the company throughout the transition.
Based in North Canton, Ohio, KAG ranks No. 22 on the Transport Topics Top 100 list of the largest for-hire carriers in North America.
“The acquisition of IMT provides us with an excellent platform to enhance our service offerings to the liquid food-grade industry, primarily dairy, while also expanding our geographic presence in the Pacific Northwest,” said Tyler Coventry, KAG’s executive vice president of food products. “The transaction includes three tank wash facilities, which will complement our growing internal and third-party tank wash business.”
KAG will gain about 160 professional drivers and 40 operational and administrative professionals as part of the deal. It also acquired 162 tractors, 327 specialized trailers and five facilities located in Idaho, Washington and California.
“We started this business in 1986 by transporting milk with two trucks from local dairies to processing plants,” said Robert Brice, who also is CEO. “This has been a labor of love for us over the years, which is why it was so important to find the right partner who shared our mission of offering safe, reliable, quality and efficient transportation services to our customers. KAG also reflects our value of putting our employees and customers first, which has been the foundation of our success.”
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