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M&A Deal Summary

Wheels Group Acquires Wheels Clipper

On June 15, 2006, Wheels Group acquired transportation company Wheels Clipper from ArcBest

Acquisition Highlights
  • This is Wheels Group’s 1st transaction in the Transportation sector.
  • This is Wheels Group’s 1st transaction in the United States.
  • This is Wheels Group’s 1st transaction in Illinois.

M&A Deal Summary
Date 2006-06-15
Target Wheels Clipper
Sector Transportation
Buyer(s) Wheels Group
Sellers(s) ArcBest
Deal Type Divestiture

Target

Wheels Clipper

Woodridge, Illinois, United States
Wheels Clipper offers a full range of light-asset and non-asset based services and solutions that optimizes supply chains and improves business efficiency. Wheels Clipper offers one-stop integrated highway, rail, TL, LTL and warehousing services and access to over 2000 carriers and all Class 1 North American railroads.

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Buyer(S) 1

Buyer

Wheels Group

Mississauga, Ontario, Canada
Category Company
Founded 1988
Sector Transportation
Employees383
DESCRIPTION

Wheels Group, Inc. is a third party supply chain logistics ("3PL") provider. As a non-asset provider, Wheels develops advanced supply chain solutions delivered through its qualified partner network of over 6,000 truck, rail, air and ocean carriers.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1

Seller(S) 1

SELLER

ArcBest

Fort Smith, Arkansas, United States
Category Company
Founded 1923
Sector Transportation
Employees15,000
Revenue 4.2B USD (2024)
DESCRIPTION

ArcBest is a provider of logistics and transportation services. ArcBest was incorporated in 1923 and is based in Fort Smith, Arkansas.

DEAL STATS #
Overall 5 of 5
Sector: Transportation M&A 5 of 5
Type: Divestiture M&A Deals 5 of 5
State: Illinois M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-01 G.I. Trucking Co.

La Mirada, California, United States

G.I. Trucking Co. is a non-union regional LTL carriers in the western/southwestern states of United States.

Sell $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-15 Panther Expedited Services

Medina, Ohio, United States

Panther Expedited Services, Inc. provides transportation and logistics services in North America. The company focuses on logistics services, including ground and air freight services. It offers ground services, such as door-to-door expedited ground service, truckload service, LTL freight services, elite services, and mode optimization; ground and specialized handling services; air freight and air charter services; and value-added services, such as shipping of dangerous goods, hold-for-pick-up, liftgate services, customs clearance, cargo insurance, and documentation services.

Buy $180M
Mergr

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