M&A Deal Summary

Jardine Transport Acquires Quality Transportation Services

On November 2, 2020, Jardine Transport acquired transportation company Quality Transportation Services from Kuehne + Nagel

Acquisition Highlights
  • This is Jardine Transport’s 2nd transaction in the Transportation sector.
  • This is Jardine Transport’s 1st transaction in the United States.
  • This is Jardine Transport’s 1st transaction in Nevada.

M&A Deal Summary
Date 2020-11-02
Target Quality Transportation Services
Sector Transportation
Buyer(s) Jardine Transport
Sellers(s) Kuehne + Nagel
Deal Type Divestiture

Target

Quality Transportation Services

Las Vegas, Nevada, United States
Quality Transportation Services, Inc. is an international transportation and logistics firm in the FF&E industry with a specific focus on the hospitality and gaming sector. Quality Transportation Services was founded in 1987 and is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Jardine Transport

Fredericton, New Brunswick, Canada
Category Company
Founded 1978
Sector Transportation
DESCRIPTION

Jardine Transport is a long-haul trucking business that specializes in flatbed and drop-deck services. Jardine Transport was founded in 1978 and is based in Fredericton, New Brunswick.

DEAL STATS #
Overall 2 of 3
Sector (Transportation) 2 of 3
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-12 R.E.M Transport

St. Stephen, New Brunswick, Canada

R.E.M Transport Ltd. is an international long-haul trucking company operates a fleet of more than fifty power units and sixty trailers servicing customers throughout most of Canada and the United States. R.E.M Transport Ltd. was founded in 1973 and is based in St. Stephen, New Brunswick.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 K&T Transport

Plaster Rock, New Brunswick, Canada

K&T Transport is an open-deck, dry van and logistics transportation business that operate a fleet of sixty power units servicing customers throughout Canada and the United States. K&T Transport was founded in 1984 and is based in Plaster Rock, New Brunswick.

Buy -

Seller(S) 1

SELLER

Kuehne + Nagel

Schindellegi, Switzerland
Category Company
Founded 1890
Sector Transportation
Employees74,996
Revenue 23.8B CHF (2023)
DESCRIPTION

Kuehne + Nagel is a global transportation and logistics company. Kuehne + Nagel was founded in 1890 and is based in Schindellegi, Switzerland.

DEAL STATS #
Overall 3 of 3
Sector (Transportation) 3 of 3
Type (Divestiture) 2 of 2
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 Kuehne + Nagel International AG - Contract Logistics Portfolio

United Kingdom

Kuehne + Nagel International AG's Contract Logistics Portfolio provides drinks logistics, food services, and retail & technology businesses.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-22 Apex Logistics International

Shanghai, China

Apex Logistics International is a provider of freight forwarding, contract logistics, transportation management, warehousing, and distribution services. Apex Logistics International was founded in 2001 and is established in Shanghai, China.

Buy -
Mergr

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