M&A Deal Summary |
|
|---|---|
| Date | 2023-04-03 |
| Target | Fednav - Terminal Division |
| Sector | Transportation |
| Buyer(s) | LOGISTEC Stevedoring |
| Sellers(s) | Fednav |
| Deal Type | Divestiture |
| Deal Value | 105M USD |
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LOGISTEC Stevedoring, Inc. provides specialized services in both the marine and environmental industries. LOGISTEC also offers marine transportation services geared primarily to the Arctic coastal trade, as well as marine agency services to foreign ship owners and operators serving the Canadian market. LOGISTEC Stevedoring is based in Montreal, Quebec.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Transportation) | 2 of 2 |
| Type (Divestiture) | 1 of 1 |
| State (Quebec) | 2 of 2 |
| Country (Canada) | 2 of 2 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-15 |
Stevedoring
Quebec City, Quebec, Canada Gestion Castaloop, Inc. is a provider of customized cargo handling services. Gestion Castaloop was founded in 2016 and is based in Quebec City. |
Buy | - |
Fednav is a bulk shipping company. Primarily involved in transporting over 30 million tonnes of bulk cargo and break bulk cargo worldwide, the company is also involved in vessel servicing and cargo handling. Fednav was founded in 1944 and is based in Montreal, Quebec.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Transportation) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Quebec) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
