M&A Deal Summary

NFI Acquires California Cartage Company

On October 2, 2017, NFI acquired transportation company California Cartage Company

Acquisition Highlights
  • This is NFI’s 4th transaction in the Transportation sector.
  • This is NFI’s 2nd transaction in the United States.
  • This is NFI’s 1st transaction in California.

M&A Deal Summary

Date 2017-10-02
Target California Cartage Company
Sector Transportation
Buyer(s) NFI
Deal Type Add-on Acquisition

Target

California Cartage Company

Long Beach, California, United States
California Cartage Company LLC is a logistics company that offers transloading, trucking, deconsolidation and warehousing services. California Cartage Company LLC was established in 1944 and is based in Long Beach, California.

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Buyer(S) 1

Buyer

NFI

Camden, New Jersey, United States

Category Company
Founded 1932
Sector Transportation
Revenue 3.9B USD (2022)
DESCRIPTION

NFI provides multi-modal logistics services to supply chain clients in the United States and Canada. The Company’s business lines include dedicated transportation, warehousing and distribution, ecommerce fulfillment, brokerage, transportation management, port drayage, intermodal, global logistics, and industrial real estate. NFI was formed in 1932 and is based in Camden, New Jersey.


DEAL STATS #
Overall 4 of 5
Sector: Transportation M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 5
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-03 Dominion Warehousing & Distribution Services

Toronto, Ontario, Canada

Dominion Warehousing & Distribution Services Ltd. is a third party logistics company. Dominion provides warehousing, distribution, transportation and supply chain management services for commercial, food and beverage industries. Dominion Warehousing & Distribution Services Ltd. was established in 1990 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-18 SDR Distribution Services

Concord, Ontario, Canada

SDR Distribution Services is a multichannel provider in custom warehousing and distribution solutions in Canada and the US. SDR operates in the North American 3PL market, specializing in fashion, footwear, and accessories. SDR Distribution Services is based in Concord, Ontario.

Buy -