M&A Deal Summary

OL USA Acquires Orion Marine

On April 18, 2017, OL USA acquired marine company Orion Marine

Acquisition Highlights
  • This is OL USA’s 1st transaction in the Marine sector.
  • This is OL USA’s 1st transaction in the United States.
  • This is OL USA’s 1st transaction in Illinois.

M&A Deal Summary

Date 2017-04-18
Target Orion Marine
Sector Marine
Buyer(s) OL USA
Deal Type Add-on Acquisition

Target

Orion Marine

Chicago, Illinois, United States
Orion Marine Corp. is a developer of reputation for delivering sensitive and difficult-to-handle cargo under challenging conditions. Orion Marine, which also operated under the ConFlo Lines brand, is a specialist in delivering project, oversized and hazardous cargo to remote and difficult to reach corners of the globe.

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Buyer(S) 1

Buyer

OL USA

Westbury, New York, United States

Category Company
Sector Transportation
DESCRIPTION

OL USA is a logistics company providing sophisticated ocean and airfreight forwarding solutions. OL USA offers clients an optimal combination of industry relationships, leading supply chain technology, and exceptional customer service through creative, individualized logistics solutions. OL USA streamlines global commerce with our vast array of services and network of agents in over 140 countries, making us truly local, around the world. OL USA is based in Westbury, New York.


DEAL STATS #
Overall 1 of 1
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1