Announced
Completed
Financials
Tags
Friendly
Acquisition
aviation
Industrial Distribution
Single Bidder
Completed
Majority
trucking
Private
United States
Domestic
Synopsis
WFS, an air cargo handler and ground handling and technical services provider, completed the acquisition of Pinnacle Logistics, a trucking and aviation services provider. Financial terms were not disclosed. "The acquisition of Pinnacle Logistics enhances our core cargo and express cargo handling value proposition to customers, and Pinnacle’s established trucking logistics business further expands our service offering. Pinnacle’s people bring renowned experience and expertise, great service quality, and long-standing customer relationships with them to WFS. This acquisition is a strong strategic and cultural fit for WFS and we are delighted to welcome the Pinnacle team to WFS," Michael Simpson, WFS EVP Americas.
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