Fastfrate Group Acquires ASL Distribution Services Limited

February 16, 2021

Fastfrate Group has acquired ASL Distribution Services Limited, a Canadian transportation, warehousing, distribution and final-mile service provider. The purchase adds 13 terminals and final-mile hubs across Ontario, Quebec, Manitoba and into New York, and is projected to increase Fastfrate Group revenue by about $120 million in 2021 while immediately providing Fastfrate entry into the e-commerce final-mile market.

Buyers
Fastfrate Group
Targets
ASL Distribution Services Limited
Location
Ontario, Canada
Transaction Type
Buyout

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