Announced
Completed
Financials
Tags
United States
Friendly
logistics services
Third Party Logistics (3PL)
Acquisition
Cross Border
Majority
Private
Completed
Single Bidder
Synopsis
Titanium Transportation Group, a provider of asset-based transportation and logistics services, completed the acquisition of Crane Transport, a transportation company that provides dry vans, refrigerate, and logistics services, for $53m. “Today’s announcement is further evidence of Titanium executing on its strategic plan and continuing to build a strong foundation for future growth in North America. The addition of Crane Transport’s full truckload business is highly synergistic within our existing network, immediately adding capacity and valuable new customer relationships. The Acquisition will allow us to expand our presence across the United States through our new strategically located terminals in Georgia and Alabama, expanding our service offerings and enabling us to offer a wide range of services including end-to-end supply chain and freight management solutions to our existing customers," Ted Daniel, Titanium Transportation Group 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.