TFI International Acquires CMW Express and FRL Express
August 14, 2024
Montreal-based TFI International has acquired two Canada-based carriers, CMW Express and its sister company FRL Express, expanding its TL and LTL footprint across Quebec, the Maritimes, Ontario and the eastern U.S. Terms were not disclosed; the deals are described as tuck-in add-ons as TFI continues a spree of smaller regional acquisitions while integrating prior larger deals.
- Buyers
- TFI International
- Targets
- CMW Express, FRL Express
- Industry
- Logistics & Distribution
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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