Automotive trade platform TRADE X has acquired Techlantic, a Canadian company specializing in vehicle exports.
Ontario-based TRADE X announced the acquisition on Tuesday. The company did not disclose the price.
The deal will enhance and grow TRADE X’s existing capabilities, including logistics and financing. Techlantic did $105 million in sales in 2020 and has been consistently profitable, according to Trade X.
“TRADE X will expand Techlantic’s capital resources and global reach,” said Luciano...
https://www.freightwaves.com/news/trade-x-acquires-automotive-export-specialist-techlantic