M&A Deal Summary

Clasquin Acquires Cargolution

On October 1, 2019, Clasquin acquired transportation company Cargolution

Acquisition Highlights
  • This is Clasquin’s 1st transaction in the Transportation sector.
  • This is Clasquin’s 1st transaction in Canada.
  • This is Clasquin’s 1st transaction in Quebec.

M&A Deal Summary

Date 2019-10-01
Target Cargolution
Sector Transportation
Buyer(s) Clasquin
Deal Type Add-on Acquisition

Target

Cargolution

Dorval, Quebec, Canada
Cargolution, Inc. specializes in freight forwarding to and from Canada. Its offices are located in Montreal and Toronto.

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Buyer(S) 1

Buyer

Clasquin

Lyon, France

Category Company
Founded 1959
Sector Transportation
Employees1,175
Revenue 562M EUR (2023)
DESCRIPTION

Clasquin is an air and sea freight forwarding and overseas logistics specialist. The Group designs and manages the entire overseas transport and logistics chain, organizing and coordinating the flow of client shipments between France and the rest of the world, and more specifically to and from Asia-Pacific and the United States. Clasquin was founded in 1959 and is based in Lyon, France.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1