Add-on Acquisition • Transportation

LOGISTEC Stevedoring Acquires Stevedoring

On December 15, 2020, LOGISTEC Stevedoring acquired transportation company Stevedoring

Acquisition Context
  • This is LOGISTEC Stevedoring’s 1st transaction in the Transportation sector.
  • This is LOGISTEC Stevedoring’s 1st transaction in Canada.
  • This is LOGISTEC Stevedoring’s 1st transaction in Quebec.

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M&A Deal Summary

Date December 15, 2020
Target Stevedoring
Sector Transportation
Buyer(s) LOGISTEC Stevedoring
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 1

Buyer

LOGISTEC Stevedoring

Montreal, Quebec, Canada

Category Company
Sector Transportation
DESCRIPTION

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 Context for Buyer #
Overall 1 of 2
Sector: Transportation 1 of 2
Type: Add-on Acquisition 1 of 1
State: Quebec 1 of 2
Country: Canada 1 of 2
Year: 2020 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-03 Fednav - Terminal Division

Montreal, Quebec, Canada

Fednav's Terminal Division provides marine terminal services.

Buy $105M