MNX Global Logistics acquired Express Division of Network Global Logistics for $70m

MNX Global Logistics, a subsidiary of Audax Private Equity, acquired the Express Division of Network Global Logistics. Founded in 1971 as the first same day air courier company, NGL is a provider of integrated logistics services and supply chain solutions serving the specialty logistics needs of clients across a wide range of industries. “MNX and NGL, both with deep experience in specialty logistics are dedicated to enhancing our service offerings, and investing in people and technologies that will allow us to continue serving the needs of our customers. We look forward to the NGL team joining the MNX family and utilizing our combined resources to drive growth.” said Paul J. Martins, CEO, MNX Global Logistics.