Krystal Growth Partners has successfully sold Magnum Trailer & Equipment to the Merritt family of companies, creating new synergies and opportunities for growth in the transportation equipment sector.
Target Company Overview
Magnum Trailer & Equipment, established in 1984 and based in Abbotsford, British Columbia, operates in three key business segments. These include the manufacturing of heavy-duty aftermarket truck accessories, the production and distribution of customized on- and off-highway trailers, and the servicing of fleets for mid-sized transportation companies. Under the stewardship of Krystal Growth Partners ("Krystal") since 2012, Magnum has achieved numerous milestones, including the expansion of its manufacturing facilities and the establishment of a robust international supply chain for its truck accessories division.
The recent sale of Magnum to the Merritt family of companies marks a significant milestone in Krystal's 13-year partnership with the organization. This transaction reflects both the growth trajectory of Magnum and its sustained operational success in the competitive transportation equipment sector.
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Industry Overview in Canada
Canada's transportation equipment industry is characterized by a robust demand for innovative and durable components, driven by the thriving logistics and transportation sectors. As e-commerce continues to expand, the
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Merritt family of companies
invested in
Magnum Trailer & Equipment
in 2025
in a Buyout deal