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Announced

Completed

TFI International completed the acquisition of DLS Worldwide for $225m.

Synopsis

TFI International, a provider of transportation and logistics services, completed the acquisition of, DLS Worldwide, a freight forwarding provider, for $225m. “We eagerly look forward to welcoming Thomas and his impressive team to TFI International, where the DLS business can continue its successful track record while significantly expanding our US presence and capabilities. The asset light model of the DLS business will expand our reach through a significant agent station network and represent a compelling opportunity as our first major US logistics operation focused primarily on LTL. We look forward to supporting the continued growth of the DLS business as part of the TFI family of companies," Alain Bédard, TFI Chairman, President and CEO.

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