Add-on Acquisition • Transportation

VersaCold Logistics Services Acquires Coastal Pacific Xpress

On March 14, 2016, VersaCold Logistics Services acquired transportation company Coastal Pacific Xpress

Acquisition Context
  • This is VersaCold Logistics Services’ 1st transaction in the Transportation sector.
  • This is VersaCold Logistics Services’ 1st transaction in Canada.
  • This is VersaCold Logistics Services’ 1st transaction in British Columbia.

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M&A Deal Summary

Date March 14, 2016
Target Coastal Pacific Xpress
Sector Transportation
Buyer(s) VersaCold Logistics Services
Deal Type Add-on Acquisition

Target Company

Coastal Pacific Xpress

Surrey, British Columbia, Canada
Coastal Pacific Xpress, Inc. is an operator of refrigerated carrier specializing in the shipping of perishable and ambient products throughout Canada and the USA.
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Buyer Overview 1

Buyer

VersaCold Logistics Services

Vaughan, Ontario, Canada

Category Company
Founded 1946
Sector Transportation
DESCRIPTION

VersaCold Logistics Services is a supply chain solutions company focused exclusively on the handling of temperature-sensitive food products. The company delivers a suite of fully integrated logistics services through its national network of industry-leading facilities, transportation fleet, and advanced technologies that set the benchmark for accessibility, information visualization, real-time tracking and inventory management. VersaCold was formed in 1946 and is based in Vaughan, Ontario.


Deal Context for Buyer #
Overall 1 of 1
Sector: Transportation 1 of 1
Type: Add-on Acquisition 1 of 1
State: British Columbia 1 of 1
Country: Canada 1 of 1
Year: 2016 1 of 1