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GLS sold US freight affiliates to DC Logistics

Fasken
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Overview

Client

GLS Logistics Systems Canada Ltd.

GLS Logistics Systems Canada was lead in the sale of GLS US Freight and GLS US Business Solutions, two affiliated US freight divisions, to DC Logistics.

The sale is part of a strategy to focus on its core parcel offering, while strengthening its position as the preferred parcel delivery provider for U.S. customers.

For DC Logistics, this acquisition is an important step in accelerating its journey to become one of the top 20 LTL carriers in the US, and will enhance its value proposition to customers while positioning the company and its employees for new levels of success.

A Fasken team composed of Antonella Penta, Damien Hallé-Hannan, Felicia Yifan Jin advised GLS Logistics Systems Canada in this sale, with the support of Keating Muething & Klekamp PLL in the United States.

Jurisdiction

  • Québec

Team

  • Antonella Penta, Partner, Montréal, QC, +1 514 397 4357, apenta@fasken.com
  • Damien Hallé-Hannan, Associate, Montréal, QC, +1 514 397 4395, dhannan@fasken.com
  • Felicia Yifan Jin 金一帆, Associate, Montréal, QC, +1 514 397 7477, fjin@fasken.com