Announced
Financials
Sources
Tags
Majority
Canada
Cross Border
Friendly
Pending
Single Bidder
maritime services
Marine Services
Private
Acquisition
Synopsis
Logistec, a North American marine and environmental services provider, agreed to acquire Terminal Division from Fednav, a company in maritime transport industry, for $105m. "We are delighted to welcome FMT to continue to grow together across Canada and the USA. LOGISTEC and FMT have had a long-standing business relationship for decades and joining forces is a natural fit, as we share the same values. The combined capabilities and expertise of both organizations will create solid synergies to deliver operational excellence to marine shippers across North America," Madeleine Paquin, LOGISTEC President and CEO.
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
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.