Announced
Completed
Financials
Tags
Consumer Services: Other
Majority
residential transportation logistics
Acquisition
Friendly
Private
United Kingdom
Cross Border
Private Equity
Single Bidder
Completed
Synopsis
AIT Worldwide Logistics, a supply chain solutions provider, completed the acquisition of Panther Logistics a UK firm with expertise in e-Commerce residential transportation logistics, from private equity firm LDC. Financial terms were not disclosed. "I'm proud to share that, even in these challenging times, AIT continues to execute on our strategic growth plans, adding valuable teammates, knowledge and physical locations to our global network with carefully planned acquisitions. Beyond that, I'm thrilled to join forces and welcome each of the skilled professionals at Panther into the AIT team," Vaughn Moore, AIT President and CEO.
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