Altex is a Canadian controlled private corporation. Our major shareholder is Azimuth Capital Management (through their investment funds) and certain Azimuth co-investors, who have a direct investment in Altex and an indirect investment through Azimuth funds. Collectively, Azimuth and co-investors own ~96% of Altex.
Altex is made up of dedicated employees with multi-disciplinary business experience in the rail, midstream, energy, and logistics industries and have a proven track record of success. Our business plan is to grow our business and market share, as we move more volume and products safely, economically, and effectively by rail. Altex introduced the business of moving undiluted heavy Canadian crude to consumption markets by rail, and we now also provide value-added services to our customers and are focusing on the movement of energy transition products.
As our product slate evolves, Altex will continue to build state-of-the-art facilities as required by our customers, from simple direct truck to rail transloads to mid-tier terminals to full unit train terminals, allowing shippers to test markets and scale up as necessary.
