TransForce acquires retail solutions division of ATS Andlauer Transportation Services

Posted on: Fri, 20 Nov 2009 13:18:00 EST


Symbols: TFIFF
Nov 20, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
TFIFF | Quote | Chart | News | PowerRating -- TransForce, Inc. has acquired the retail solutions division of ATS Andlauer Transportation Services Limited Partnership. Both the companies are Canada-based providers of transportation and logistics services.

The acquired division generates approximately $120 million in annual revenue and employs a total of 447 employees.

Announcement (September 10, 2009):

TransForce has entered into an agreement to acquire the retail solutions division of ATS Andlauer Transportation Services.

The transaction is expected to close on or about October 1, 2009.

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status Completed: 2009-11-19

Deal Participants

Target (Company)   ATS Andlauer Transportation Services Limited Partnership - Retail Solutions Division
Acquirer (Company) TransForce, Inc.
Vendor (Company) ATS Andlauer Transportation Services Limited Partnership

For full details on (TFIFF) TFIFF. (TFIFF) has Short Term PowerRatings at TradingMarkets. Details on (TFIFF) Short Term PowerRatings is available at This Link.

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