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  6. Moran Transportation Acquires Mats Trucking

M&A Deal Summary

Moran Transportation Acquires Mats Trucking

On June 17, 2016, Moran Transportation acquired transportation company Mats Trucking

Acquisition Highlights
  • This is Moran Transportation’s 1st transaction in the Transportation sector.
  • This is Moran Transportation’s 1st transaction in the United States.
  • This is Moran Transportation’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2016-06-17
Target Mats Trucking
Sector Transportation
Buyer(s) Moran Transportation
Deal Type Add-on Acquisition

Target

Mats Trucking

Eagan, Minnesota, United States
Mats Trucking has been a service driven carrier serving the air freight forwarder and airline industries for over 30 years. With a fleet of over 60 pieces of equipment at their two terminals in Eagan, Minnesota and Bensenville, Illinois, they have been a premiere carrier within the Minneapolis market.

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Buyer(S) 1

Buyer

Moran Transportation

Elk Grove Village, Illinois, United States
Category Company
Sector Transportation
DESCRIPTION

Moran Transportation Corporation is a growing regional Midwestern LTL carrier that services the states of Illinois, Indiana, Wisconsin, and Minnesota. Moran provides next day LTL services, air freight forwarder, and airline support services including valued added services such as liftgate, inside delivery, and residential deliveries. Company currently operate in excess of 355 trucks within their 7 terminal network including 22 natural gas straight trucks, and one electric tractor.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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