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  6. CLP Towne Acquires HBI Transportation Services

M&A Deal Summary

CLP Towne Acquires HBI Transportation Services

On November 18, 2010, CLP Towne acquired transportation company HBI Transportation Services

Acquisition Highlights
  • This is CLP Towne’s 1st transaction in the Transportation sector.
  • This is CLP Towne’s 1st transaction in the United States.
  • This is CLP Towne’s 1st transaction in Virginia.

M&A Deal Summary
Date 2010-11-18
Target HBI Transportation Services
Sector Transportation
Buyer(s) CLP Towne
Deal Type Add-on Acquisition

Target

HBI Transportation Services

Dulles, Virginia, United States
HBI Transportation Services, Inc. is a provider of transportation services in North America.

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Buyer(S) 1

Buyer

CLP Towne

South Bend,, Indiana, United States
Category Company
Founded 1963
Sector Transportation
DESCRIPTION

Towne Air Freight LLC is a full-service trucking provider offering time-sensitive less-than-truckload shipping, full truckload service, an extensive cartage network, container freight stations and dedicated trucking.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1
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