Ziing Acquires Metroland Parcel Services from TorStar
March 7, 2024
Calgary-based last-mile delivery startup Ziing has acquired Metroland Parcel Services (MPS) from TorStar Corp. The acquisition, which closed February 20, adds 41 employees, 17 service partners and hundreds of contractors to Ziing as it expands its Canadian delivery network and scales its co-load and distribution capabilities.
- Buyers
- Ziing
- Targets
- Metroland Parcel Services
- Sellers
- TorStar Corp.
- Industry
- Logistics & Distribution
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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