GLS sells US freight affiliates to DC Logistics

Company

GLS Logistics Systems Canada

Company

DC Logistics

Law Firm / Organization
DC Logistics

On September 1, 2024, GLS Group completed the previously announced sale of its US freight divisions - GLS US Freight Inc. and GLS US Business Solutions Inc. - to DC Logistics LLC, a company recognized for its Less-than-Truckload (LTL) trucking and warehousing solutions.

The financial terms of the transaction have not been publicly disclosed.

Fasken represented GLS Logistics Systems Canada Ltd. with a team composed of Antonella Penta, Damien Hallé-Hannan, and Felicia Yifan Jin.

Merger & Acquisition
Transportation
Undisclosed/Confidential
Closed
01 September 2024