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US-based freight forwarder Radiant Logistics has signalled its intention to extend its logistics services after agreeing to purchase Canadian intermodal and truck brokerage firm Wheels.
The deal, which is proposed to include a refinancing of the company’s debt, is valued at C$97m (US$76.3m) and is one of Radiant’s largest acquisitions to date.
Formed in 2006 with an initial equity base of US$5m, Radiant has grown quickly through a series of acquisitions that allowed it to build up both its revenue base and ...
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