STG Logistics Acquires Arrowpac International's New Jersey CFS Division
July 8, 2021
STG Logistics, a Wind Point Partners portfolio company, acquired the New Jersey Container Freight Station (CFS) division of Arrowpac International to expand its CFS capacity and presence in the New York/New Jersey ocean freight corridor. Arrowpac will retain its NVOCC and related distribution and transportation businesses, while CFS leadership from Arrowpac will join STG's New York/New Jersey operations.
- Buyers
- STG Logistics, Inc., Wind Point Partners
- Targets
- Arrowpac International (New Jersey Container Freight Station division)
- Sellers
- Arrowpac International, Inc.
- Platforms
- STG Logistics, Inc.
- Industry
- Logistics & Distribution
- Location
- New Jersey, United States
- Transaction Type
- Addon
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