Add-on Acquisition • Transportation

Universal Logistics Holdings Acquires Container Connection

On December 7, 2018, Universal Logistics Holdings acquired transportation company Container Connection for 60M USD

Acquisition Context
  • This is Universal Logistics Holdings’ 5th transaction in the Transportation sector.
  • This is Universal Logistics Holdings’ 4th largest (disclosed) transaction.
  • This is Universal Logistics Holdings’ 5th transaction in the United States.
  • This is Universal Logistics Holdings’ 2nd transaction in California.

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M&A Deal Summary

Date December 7, 2018
Target Container Connection
Sector Transportation
Buyer(s) Universal Logistics Holdings
Deal Type Add-on Acquisition
Deal Value 60M USD

Target Company

Container Connection

Riverside, California, United States
Deco Logistics, Inc. is a provider of full-service harbor drayage to the Ports of Los Angeles and Long Beach, Californi. Deco Logistics is based in Riverside, California.
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Buyer Overview 1

Buyer

Universal Logistics Holdings

Warren, Michigan, United States

Category Company
Founded 1932
Sector Transportation
Employees9,311
Revenue 1.8B USD (2024)
DESCRIPTION

Universal Logistics Holdings is a provider of transportation services to shippers. Universal's trucking services include both flatbed and dry van operations and Universal provides rail-truck and steamship-truck intermodal support services. Universal Logistics Holdings was founded in 1932 and is based in Warren, Michigan.


Deal Context for Buyer #
Overall 5 of 8
Sector: Transportation 5 of 8
Type: Add-on Acquisition 5 of 7
State: California 2 of 2
Country: United States 5 of 8
Year: 2018 4 of 4
Size (of disclosed) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-12 Specialized Rail Service

Clearfield, Utah, United States

Specialized Rail Service, Inc. is a provider of local and regional intermodal drayage services, as well as transloading, cross-docking, warehousing and distribution, and intermodal facility management. Specialized Rail Service, Inc. is based in Clearfield, Utah.

Buy $12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-22 Michael s Cartage

Bridgeview, Illinois, United States

Michael's Cartage, Inc. is a provider of full-service intermodal drayage services. Michael's Cartage, Inc. is based in Bridgeview, Illinois.

Buy -