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New Deal


Announced

AIT Worldwide Logistics to acquire Select Express & Logistics.

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

Delivery Services

Friendly

Acquisition

logistics solutions

Private

Cross Border

Single Bidder

delivery solutions

Pending

United States

Synopsis

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AIT Worldwide Logistics, a global supply chain solutions provider, agreed to acquire Select Express & Logistics, a 3PL arranging final mile delivery and assembly services for big and bulky consumer and commercial goods. Financial terms were not disclosed. "We are delighted to welcome the Select team to AIT. Customers with omnichannel distribution initiatives will benefit from our new unified solution that provides a truly global glass pipeline when importing goods from overseas to be delivered and assembled in consumers' homes and commercial businesses," Vaughn Moore AIT Worldwide Logistics President and CEO.

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