PRESS RELEASE
ID Logistics to acquire Kane Logistics in the United States
– Signed agreement to acquire 100% of Kane Logistics in the United States (2021 revenues of $235 million)
– Expands presence in the U.S. with 20 new locations, new blue-chip customers and experienced management
– Maintaining a sound financial structure with a pre-IFRS16 debt to equity ratio estimated at 2.6x post-acquisition proforma EBITDA
Orgon, February 14th, 2022 – 7.45 am CET: ID Logistics …
The post ID Logistics acquires Kane Logistics for $240m in enterprise value appeared first on The Loadstar.
