TransForce to buy transport company from Goldner Hawn for $310 mln - Reuters
Canadian trucking company TransForce Inc said it would buy truckload transport and logistics company Transport America Inc for US$310 million, including debt, from U.S. private equity firm Goldner Hawn Johnson & Morrison Inc, Reuters reported. Goldner Hawn acquired the Eagan, Minnesota-based Transport America in 2006. TransForce said the deal, which is expected to close by the end of this month, would be immediately accretive to earnings. The company estimates total annual revenues to be generated by the acquisition at around US$350 million.
2 June 2014•2 mins read
