M&A Deal Summary

CV International Acquires Waters Shipping

On September 26, 2017, CV International acquired transportation company Waters Shipping

Acquisition Highlights
  • This is CV International’s 2nd transaction in the Transportation sector.
  • This is CV International’s 3rd transaction in the United States.
  • This is CV International’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2017-09-26
Target Waters Shipping
Sector Transportation
Buyer(s) CV International
Deal Type Add-on Acquisition

Target

Waters Shipping

Wilmington, North Carolina, United States
Waters Shipping Co. is a provider of customs brokerage and freight forwarding and logistics services for businesses. Waters Shipping Co. was established in 1960 and is based in Wilmington, North Carolina.

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Buyer(S) 1

Buyer

CV International

Norfolk, Virginia, United States

Category Company
Founded 1991
Sector Transportation
DESCRIPTION

CV International (CVI) is a provider of freight forwarding, customs brokerage, regulatory compliance, and international logistics services. A leader in the industry, CVI established its reputation through a strong, reliable staff and an unmatched commitment to customer service. Today, the company maintains fully operational branch offices as well as several sales offices throughout the southeastern section of the United States. The company also maintains a vast network of domestic and international agents and affiliate offices to provide its customers with the highest level of customer service door-to-door and around-the-world.


DEAL STATS #
Overall 3 of 3
Sector (Transportation) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (North Carolina) 2 of 2
Country (United States) 3 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-04 M & S Shipping

Virginia Beach, Virginia, United States

M & S Shipping Ltd. is a Virginia Beach, VA based freight forwarder provides logistics and shipping services in the United States and internationally.

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