Winnipeg-based Frontier Supply Chain Solutions Inc has acquired the assets of Euroworld Transport Systems Canada Inc from Calyx Transportation Group Inc, a portfolio company of U.S. private equity firm Wynnchurch Capital. No financial terms were disclosed. Vaughan, Ontario’s Euroworld is a transporter of alcoholic beverages and other products. Frontier, a provider of logistics, trade consulting and customs services, said the deal improves its volume and positions it in new segments. Wynnchurch bought Calyx, a Canadian transportation and logistics services specialist, in May 2006.
Frontier Acquires Canadian Forwarder & Customs Broker Euroworld Transport Systems Canada Inc.
Winnipeg, MB, April 19, 2016 – Frontier Supply Chain Solutions Inc. (Frontier) announces the recent acquisition of the assets of Euroworld Transport Systems Canada Inc. (Euroworld) , from Calyx Transportation Group Inc. an Ontario based provider of transportation and logistics services.
“As part of Frontier’s continuing effort to grow International Forwarding services, the new acquisition of Euroworld brings strong team, improves our volume and positions us with new strategic industry segments,” said Michael Butterfield, President and CEO of Frontier.
Euroworld entered the international freight forwarding industry in 1985 and has grown to become one of the leading transporters of alcoholic beverages. This is another strategic acquisition of international freight forwarding and customs brokers by Frontier. In the past few years Frontier has acquired Transport companies, Forwarders and Customs Brokers. Frontier is a privately held, full service provider of logistics, trade consulting and U.S. and Canadian customs services. They are headquartered in Winnipeg, Manitoba and have offices throughout North America.
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Frontier Supply Chain Solutions Inc. is a privately held, full service provider of Logistics, Trade Consulting and U.S. & Canadian Customs Services. By combining our strengths in these three fields, Frontier is able to create complete North American supply chain solutions for all businesses, no matter their size or industry.
Photo courtesy of Frontier Supply Chain Solutions Inc