A.P. Moller–Maersk Acquires Pilot Freight Services

February 9, 2022

A.P. Moller–Maersk (Maersk) completed its acquisition of Pilot Freight Services, a U.S.-based first-, middle- and last-mile logistics provider focused on big and bulky shipments. The deal, valued at about $1.68 billion enterprise value (USD 1.8bn post IFRS-16 lease liabilities), will rebrand Pilot as “Pilot – A Maersk Company” and expand Maersk’s North America landside logistics footprint.

Buyers
A.P. Moller–Maersk
Targets
Pilot Freight Services
Sellers
ATL Partners, British Columbia Investment Management Corporation (BCI)
Industry
Transportation
Location
Pennsylvania, United States
Transaction Type
Buyout

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