M&A Deal Summary

STG Logistics Acquires Arrowpac International - CFS Division

On July 8, 2021, STG Logistics acquired transportation company Arrowpac International - CFS Division from Arrowpac International

Acquisition Highlights
  • This is STG Logistics’ 5th transaction in the Transportation sector.
  • This is STG Logistics’ 6th transaction in the United States.
  • This is STG Logistics’ 2nd transaction in New Jersey.

M&A Deal Summary

Date 2021-07-08
Target Arrowpac International - CFS Division
Sector Transportation
Buyer(s) STG Logistics
Sellers(s) Arrowpac International
Deal Type Divestiture

Target

Arrowpac International - CFS Division

Secaucus, New Jersey, United States
Arrowpac International's CFS Division is a provider of container freight station services.

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Buyer(S) 1

Buyer

STG Logistics

Bensenville, Illinois, United States

Category Company
Founded 1985
Sector Transportation
DESCRIPTION

STG Logistics is a provider of facilities-based containerized logistics services including container deconsolidation, reconsolidation, transloading, warehousing, and outsourced transportation solutions including final mile delivery. STG Logistics was founded in 1985 and is based in Bensenville, Illinois.


DEAL STATS #
Overall 6 of 9
Sector (Transportation) 5 of 8
Type (Divestiture) 2 of 3
State (New Jersey) 2 of 2
Country (United States) 6 of 9
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-03 Veeco Holdings

North Bergen, New Jersey, United States

Veeco Holdings LLC is a premium-service, third-party logistics provider focused on the warehousing and distribution of consumer goods into the US retail sector supply chain. With 900,00 square feet of space in New Jersey and California, Veeco offers its customers a full range of distribution and transportation services on both the east and west coasts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-18 IWS

Fort Lauderdale, Florida, United States

IWS is a logistics provider of warehousing, trucking, brokerage and documentation, customs clearance, and distribution services. IWS is based in Fort Lauderdale, Florida.

Buy -

Seller(S) 1

SELLER

Arrowpac International

Secaucus, New Jersey, United States

Category Company
Sector Transportation
DESCRIPTION

Arrowpac International is a provider of ocean import container freight station (“CFS”) services. Arrowpac International is based in Secaucus, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1