MONTRÉAL, April 3, 2023 /CNW/ - LOGISTEC Stevedoring Inc., a subsidiary of LOGISTEC Corporation (TSX: LGT.A) (TSX: LGT.B), ("LOGISTEC"), a leading North American marine and environmental services provider, announced today that it has completed the previously-announced acquisition of the Canadian and U.S. marine terminal business of Fednav, including Federal Marine Terminals, Inc. and the logistics division, Fednav Direct, for a purchase price of US$105 million, subject to customary adjustments. This transaction adds 11 terminals to LOGISTEC's network, bringing its total to 90 terminals in 60 ports across North America.Read more at newswire.ca
LOGISTEC Completes the Acquisition of Fednav's Terminal Division
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