A.P. Moller - Maersk Acquires Pilot Freight Services
February 9, 2022
A.P. Moller - Maersk has completed its acquisition of Pilot Freight Services from ATL Partners and BCI for approximately $1.68 billion (EV $1.8bn post IFRS-16). The deal adds Pilot's North American first-, middle- and last-mile capabilities — including big-and-bulky e-commerce delivery, ~87 stations and ~2,600 employees — to Maersk's landside logistics and end-to-end supply chain offering.
- Buyers
- A.P. Moller - Maersk
- Targets
- Pilot Freight Services
- Sellers
- ATL Partners, British Columbia Investment Management Corporation (BCI)
- Industry
- Logistics & Distribution
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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