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New Deal


Announced

Scan Global Logistics Group to acquire Global Logistics unit from Werner Enterprises.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Pending

Acquisition

Domestic

Private

United States

logistics

Single Bidder

Friendly

Third Party Logistics (3PL)

Synopsis

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Scan Global Logistics, a company that offers air freight, sea freight, trucking, and logistics warehousing services, agreed to acquire Global Logistics unit from Werner Enterprises, a transportation and logistics firm. Financial terms were not disclosed. "After working with the SGLT team and understanding their core values and capabilities, I am excited for WGL's international customers, associates and transportation partners worldwide. We are proud of the global operation WGL has built and are confident it will continue to succeed as part of the SGLT family," Derek Leathers, Werner Vice Chairman, President and Chief Executive Officer.

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