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  6. ABX Air Acquires Cargo Holdings International

M&A Deal Summary

ABX Air Acquires Cargo Holdings International

On December 31, 2016, ABX Air acquired transportation company Cargo Holdings International for 332M USD

Acquisition Highlights
  • This is ABX Air’s 1st transaction in the Transportation sector.
  • This is ABX Air’s largest (disclosed) transaction.
  • This is ABX Air’s 1st transaction in the United States.
  • This is ABX Air’s 1st transaction in Florida.

M&A Deal Summary
Date 2016-12-31
Target Cargo Holdings International
Sector Transportation
Buyer(s) ABX Air
Deal Type Add-on Acquisition
Deal Value 332M USD

Target

Cargo Holdings International

Orlando, Florida, United States
Cargo Holdings International, Inc. is a provider of outsourced air cargo services.

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Buyer(S) 1

Buyer

ABX Air

Wilmington, Ohio, United States
Category Company
Sector Airlines
DESCRIPTION

ABX Air, Inc. is an FAR Part 121 cargo airline flying express cargo routes for customers in the U.S. and around the world. ABX Air also offers a variety of airline-related training, including dispatch training, flight training, and simulator time.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 1 of 1
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