Add-on Acquisition • Transportation

GTI Group Acquires Foxconn Logistics

On April 21, 2022, GTI Group acquired transportation company Foxconn Logistics

Acquisition Context

This is GTI Group’s 2nd transaction in the Transportation sector.
This is GTI Group’s 2nd transaction in the United States.
This is GTI Group’s 1st transaction in Tennessee.

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M&A Deal Summary
Date	April 21, 2022
Target	Foxconn Logistics
Sector	Transportation
Buyer(s)	GTI Group
Deal Type	Add-on Acquisition

Target Company

Foxconn Logistics

Spring Hill, Tennessee, United States

Foxconn Logistics specializes in container management and drayage that supports the movement of ocean freight, rail freight, road freight, long-distance, and cross-border transportation to Canada and Mexico. Foxconn Logistics is headquartered in Spring Hill, Tennessee.

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Buyer Overview 1

Buyer

GTI Group

Lachine, Quebec, Canada

Category	Company
Founded	1992
Sector	Transportation

DESCRIPTION

GTI Group offers integrated transport solutions encompassing heavy haul and over dimensional land transportation, specialty storage & handling, and international logistics and freight forwarding services. GTI Group was founded in 1992 and is based in Lachine, Quebec.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Transportation	2 of 2
Type: Add-on Acquisition	2 of 2
State: Tennessee	1 of 1
Country: United States	2 of 2
Year: 2022	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-05-13	Jetco Delivery Houston, Texas, United States Jetco Delivery, Inc. is one of the Gulf Coast's top diversified carriers, serving small businesses to Fortune 500 companies. Jetco Delivery, Inc. currently operate a fleet of more than 100 trucks and 250+ trailers, and because of the diverse fleet, are able to meet all LTL and semi-tractor transportation needs including shipping containers by rail and sea, flatbeds and dry vans.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2019-05-13

Jetco Delivery

Houston, Texas, United States

Jetco Delivery, Inc. is one of the Gulf Coast's top diversified carriers, serving small businesses to Fortune 500 companies. Jetco Delivery, Inc. currently operate a fleet of more than 100 trucks and 250+ trailers, and because of the diverse fleet, are able to meet all LTL and semi-tractor transportation needs including shipping containers by rail and sea, flatbeds and dry vans.

Buy

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