M&A Deal Summary

TFI International Acquires Hazen - Final Mile

On June 1, 2015, TFI International acquired transportation company Hazen - Final Mile from Hazen Transport

Acquisition Highlights
  • This is TFI International’s 14th transaction in the Transportation sector.
  • This is TFI International’s 7th transaction in the United States.
  • This is TFI International’s 1st transaction in Michigan.

M&A Deal Summary
Date 2015-06-01
Target Hazen - Final Mile
Sector Transportation
Buyer(s) TFI International
Sellers(s) Hazen Transport
Deal Type Divestiture

Target

Hazen - Final Mile

Taylor, Michigan, United States
Hazen Final Mile is a provider of co-mingled, dedicated, and white glove delivery services to retailers, manufactures, and distributers in a wide range of industries including automotive, healthcare and home products.

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Buyer(S) 1

Buyer

TFI International

Saint-Laurent, Quebec, Canada
Category Company
Founded 1957
Sector Transportation
Employees25,005
Revenue 7.5B USD (2023)
DESCRIPTION

TFI International is a North American leader in the transportation and logistics industry, operating across Canada and the United States through its subsidiaries. TransForce creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned, operating subsidiaries. Under the TransForce umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International was incorporated in is based in Saint-Laurent, Quebec.

DEAL STATS #
Overall 18 of 35
Sector (Transportation) 14 of 30
Type (Divestiture) 3 of 9
State (Michigan) 1 of 1
Country (United States) 7 of 16
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-02 Contrans Group

Woodstock, Ontario, Canada

Contrans Group Inc. is a provider of specialized transportation services either through specialized equipment or service offerings to customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-29 Services Matrec

Boucherville, Quebec, Canada

Services Matrec, Inc. is a providr of integrated residual materials management and recycling services for its clients in the municipal, industrial, commercial, and institutional sectors in Canada.

Sell CA$800M

Seller(S) 1

SELLER

Hazen Transport

Taylor, Michigan, United States
Category Company
Founded 1992
Sector Transportation
DESCRIPTION

Hazen Transport, Inc. is a provider of highest level of service with the most qualified drivers in the industry. Company serve a wide range of clients in a number of industries, including: automotive, healthcare, manufacturing, numerous retailers and more.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Mergr

Product

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