MergerLinks Header Logo

Announced

Fastfrate Group to acquire ASL Distribution Services.

Synopsis

Fastfrate Group, one of Canada's largest privately-held intermodal LTL carriers, agreed to acquire ASL Distribution Services, a transportation, warehousing, distribution and final mile service provider. Financial terms were not disclosed. "Our working relationship dates back over 30 years. Both companies have a highly creative and entrepreneurial spirit. We've engaged strategically to utilize the skills and capacities of each organization over the last few decades, to engineer better logistics solutions for our customers. Our similar cultures and long-standing record of protecting and enhancing our customers' supply chain were important factors in the decision process," Cole Dolny, ASL Distribution Services President and CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US