Add-on Acquisition • Transportation

GTI Group Acquires Jetco Delivery

On May 13, 2019, GTI Group acquired transportation company Jetco Delivery

Acquisition Context
  • This is GTI Group’s 1st transaction in the Transportation sector.
  • This is GTI Group’s 1st transaction in the United States.
  • This is GTI Group’s 1st transaction in Texas.

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M&A Deal Summary

Date May 13, 2019
Target Jetco Delivery
Sector Transportation
Buyer(s) GTI Group
Deal Type Add-on Acquisition

Target Company

Jetco Delivery

Houston, Texas, United States
Jetco Delivery, Inc. is one of the Gulf Coast's top diversified carriers, serving small businesses to Fortune 500 companies. Jetco Delivery, Inc. currently operate a fleet of more than 100 trucks and 250+ trailers, and because of the diverse fleet, are able to meet all LTL and semi-tractor transportation needs including shipping containers by rail and sea, flatbeds and dry vans.
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Buyer Overview 1

Buyer

GTI Group

Lachine, Quebec, Canada

Category Company
Founded 1992
Sector Transportation
DESCRIPTION

GTI Group offers integrated transport solutions encompassing heavy haul and over dimensional land transportation, specialty storage & handling, and international logistics and freight forwarding services. GTI Group was founded in 1992 and is based in Lachine, Quebec.


Deal Context for Buyer #
Overall 1 of 2
Sector: Transportation 1 of 2
Type: Add-on Acquisition 1 of 2
State: Texas 1 of 1
Country: United States 1 of 2
Year: 2019 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-21 Foxconn Logistics

Spring Hill, Tennessee, United States

Foxconn Logistics specializes in container management and drayage that supports the movement of ocean freight, rail freight, road freight, long-distance, and cross-border transportation to Canada and Mexico. Foxconn Logistics is headquartered in Spring Hill, Tennessee.

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