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Tfi International Acquires Axsun

PUBLIC · TFIIFeb 21, 2023

Acquiring Company

TFI International

Acquired Company

Excelitas

MontrealPittsburghOil And GasTransportationLogisticsManufacturingBiotechnologyArtificial Intelligence

Description

TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced the acquisition of Axsun Group (“Axsun”), a North American provider of intermodal and freight brokerage services. Based in Montreal, Axsun operates out of multiple locations across Canada and the US, providing an integrated mix of intermodal services as well as over-the-road highway, drayage, logistics and warehousing on a primarily asset light basis.

Quick answer

TFI International is acquiring Excelitas, announced February 21, 2023. TFI International is based in Montreal, Quebec, Canada.

How much did TFI International pay for Excelitas?
The deal value was not disclosed.
What does TFI International do?
TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries.
Where are TFI International and Excelitas based?
TFI International is based in Montreal, Quebec, Canada. Excelitas is based in Pittsburgh, Pennsylvania, United States.
Who are the decision-makers at TFI International?
Fundz holds 1 contact at TFI International. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

TFI International

Location

Montreal, Quebec, Canada

About

TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly owned operating subsidiaries. The company is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TFII.

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Frequently asked

Who acquired Excelitas?

Excelitas was acquired by TFI International, based in Montreal. The deal was reported on February 21, 2023. TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries. TFI International is publicly traded (TFII) and operates in Oil And Gas.

When did TFI International acquire Excelitas?

TFI International's acquisition of Excelitas was reported on February 21, 2023. TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced the acquisition of Axsun Group (“Axsun”), a North American provider of intermodal and freight brokerage services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Excelitas do?

Excelitas is a leading provider of advanced, life-enriching technologies that make a difference, serving global market leaders in the life sciences, advanced industrial, next-generation semiconductor and avionics end markets. It is privately held, operating in Manufacturing, and is based in Pittsburgh.

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