ID Logistics Acquires GVT Transport & Logistics (Benelux)

ID Logistics Acquires Colisweb

January 28, 2022

Logistics & Distribution

ID Logistics has completed the acquisition of 100% of Colisweb, a French last-mile delivery specialist providing a software-driven appointment-based delivery platform. The purchase strengthens ID Logistics’ last-mile and e-commerce delivery capabilities for retailers and e-merchants following an agreement signed on December 13, 2021.

Vanderlande to Acquire Siemens Logistics from Siemens

October 31, 2024

Logistics & Distribution

Dutch logistics automation specialist Vanderlande has signed an agreement to acquire Siemens Logistics from German technology company Siemens. The deal — approved by the management and supervisory boards (including Vanderlande’s parent Toyota Industries Corporation) and subject to regulatory approvals — will expand Vanderlande’s airport baggage, cargo handling and digital solutions capabilities and is expected to close next year.

AIT Worldwide Logistics Acquires Global Transport Solutions Group

February 1, 2024

Logistics & Distribution

AIT Worldwide Logistics has acquired Global Transport Solutions Group (GTS), a Netherlands-headquartered specialist in time-critical marine spare parts logistics. The deal brings GTS’ more than 600 teammates across 16 locations and nine consolidation hubs into AIT’s global network, adding marine spare-parts capabilities, warehouse capacity and new geographic presence in Greece, Japan and the Nordics; terms were not disclosed.

Canada Cartage Acquires The GTI Group to Enter U.S. Market

November 27, 2023

Logistics & Distribution

Canada Cartage Corporation has entered into a definitive agreement to acquire The GTI Group, a Montreal-based logistics provider offering brokerage, freight management, forwarding, drayage, intermodal, warehousing and specialized heavy/oversize trucking. The deal expands Canada Cartage’s service capabilities and marks its first entry into the U.S. market, with GTI’s U.S. offices in Houston, Des Moines and Franklin, Tennessee; the combined company is expected to generate over C$1 billion in annual revenue.

TJC, L.P. Acquires Global Transport Solutions (GTS)

November 27, 2023

Logistics & Distribution

TJC, L.P. (The Jordan Company) has entered into a definitive agreement to acquire Global Transport Solutions Topholding B.V. (GTS), an international maritime-focused logistics and forwarding provider operating under the Marinetrans and Best Global Logistics brands. The investment will provide GTS with resources to support geographic expansion, strengthen its network and capabilities, and accelerate growth across time-critical maritime supply chain markets.

ID Logistics Acquires Kane Logistics from Harkness Capital Partners

April 14, 2022

Logistics & Distribution

ID Logistics has completed the acquisition of 100% of Kane Logistics from Harkness Capital Partners, creating a U.S. contract logistics platform under the ID Logistics US banner. Kane, a Scranton-based 3PL with $235 million of 2021 revenue and 20 U.S. hubs, will expand ID Logistics' U.S. footprint (pro‑forma US revenues $350 million) and the transaction was announced/closed in early 2022 (enterprise value reported at $240 million, all-cash).