M&A Deal Summary

GTI Group Acquires Foxconn Logistics

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2022-04-21
Target Foxconn Logistics
Sector Transportation
Buyer(s) GTI Group
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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.

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