Manitoulin Global Forwarding expands into Central America with acquisition of Multimodal
Acquiring Company
Manitoulin Global Forwarding
Acquired Company
Multimodal
Mississauga
La Asunción de BelénTransportationSupply Chain ManagementLogisticsDescription
Manitoulin Global Forwarding, a division of the Manitoulin Group of Companies, strategically acquires Multimodal, a family-owned Costa Rican company. This acquisition marks a significant step in MGF's expansion into Central America, broadening its market presence and enhancing its service capabilities, reinforcing its commitment to delivering high-quality logistics solutions.
Quick answer
Manitoulin Global Forwarding is acquiring Multimodal, announced September 20, 2024. Manitoulin Global Forwarding is based in Mississauga, Ontario, Canada.
- How much did Manitoulin Global Forwarding pay for Multimodal?
- The deal value was not disclosed.
- What does Manitoulin Global Forwarding do?
- Manitoulin Global Forwarding is a division of the Manitoulin Group of Companies, one of Canada’s largest international freight forwarding solutions providers, with a rich history dating back to 1953.
- Where are Manitoulin Global Forwarding and Multimodal based?
- Manitoulin Global Forwarding is based in Mississauga, Ontario, Canada. Multimodal is based in La Asunción de Belén, Heredia, Costa Rica.
- Who are the decision-makers at Manitoulin Global Forwarding?
- Fundz holds 1 contact at Manitoulin Global Forwarding. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Radiant Logistics, Inc. acquires Foundation Logistics & Services, LLC to strengthen capabilities in support of the oil and gas industry (September 4, 2024)
- JAS Jet Air Service S.p.A. acquires Setoa S.p.A. to expand into West African markets (August 23, 2024)
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When Manitoulin Global Forwarding changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Multimodal?
Multimodal was acquired by Manitoulin Global Forwarding, based in Mississauga. The deal was reported on September 20, 2024. Manitoulin Global Forwarding is a division of the Manitoulin Group of Companies, one of Canada’s largest international freight forwarding solutions providers, with a rich history dating back to 1953. Manitoulin Global Forwarding is privately held and operates in Transportation.
When did Manitoulin Global Forwarding acquire Multimodal?
Manitoulin Global Forwarding's acquisition of Multimodal was reported on September 20, 2024. Manitoulin Global Forwarding, a division of the Manitoulin Group of Companies, strategically acquires Multimodal, a family-owned Costa Rican company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Multimodal do?
Multimodal is a family-owned Costa Rican company specializing in logistics solutions. It has a deep understanding of the local market and a dedicated commitment to customer satisfaction. It is privately held, operating in Supply Chain Management, and is based in La Asunción de Belén.
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