ASCO Expands Canadian Operations

International supply chain management specialists, ASCO announced further expansion into the Canadian marketplace with the acquisition of MOKO Oilfield Services of Bonneyville, Alberta. The deal was concluded at the end of June.

MOKO is a rig moving and related services business which was founded by Morris and Shirley Kolody in 2003 and has grown to become a major player in the Western Canada oilpatch. The 30 MOKO employees will boost ASCO Canada's staff numbers to 150.

Rob Crosbie, ASCO's president - North America commented: "This new organisation provides ASCO the opportunity to further expand its position and service offerings in Western Canada and is a step closer to our vision of providing a complete logistics operation in a region which is a key area for growth. MOKO has a well established team who provide high levels of safe, efficient service to its clients and who are also excited about joining the ASCO organization."

This is ASCO's third acquisition in Alberta over the last two years following the takeover of Amatto Transport and Canada First Logistics. Further expansion by acquisition and investment in infrastructure is planned.