M&A Deal Summary

Logistec Acquires FER-PAL Construction

On July 6, 2017, Logistec acquired construction company FER-PAL Construction for 50M USD

Acquisition Highlights
  • This is Logistec’s 1st transaction in the Construction sector.
  • This is Logistec’s 2nd largest (disclosed) transaction.
  • This is Logistec’s 1st transaction in Canada.
  • This is Logistec’s 1st transaction in Ontario.

M&A Deal Summary
Date 2017-07-06
Target FER-PAL Construction
Sector Construction
Buyer(s) Logistec
Deal Type Add-on Acquisition
Deal Value 50M USD

Target

FER-PAL Construction

Toronto, Ontario, Canada
FER-PAL Construction Ltd. is a trenchless technology company that offers complete water main rehabilitation solutions. FER-PAL Construction Ltd. was founded in 1986 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Logistec

Montreal, Quebec, Canada
Category Company
Founded 1952
Sector Transportation
Revenue 898M CAD (2022)
DESCRIPTION

Logistec is a provider of a marine and environmental services. It offers marine transportation services geared primarily to the Arctic coastal trade, short-line rail transportation services, as well as marine agency services to foreign shipowners and operators serving the Canadian market. Logistec was founded in 1952 and is based in Montreal, Canada.

DEAL STATS #
Overall 2 of 5
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 2 of 5
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-09 The CrossGlobe Group

Glen Allen, Virginia, United States

The CrossGlobe Group is a multi-port logistics platform build providing warehousing, transloading and value added services.

Buy $16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 GSM Maritime Holdings

Houston, Texas, United States

Gulf Stream Marine is a leading marine terminal operator and marine cargo handling company in the U.S. Gulf Coast region. The company services include cargo-handling, warehousing, and other value-added services primarily to shipping companies, third party logistics providers, and manufacturers. Gulf Stream Marine operates at seven terminals in four ports, including Houston, Texas; Corpus Christi, Texas; Freeport, Texas; and Brownsville, Texas.

Buy $66M
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