Supply chain management provider AIT Worldwide Logistics said Tuesday that it has completed its acquisition of European logistics company Lubbers Logistics Group. Terms of the transaction were not disclosed.
The deal, disclosed in mid-November, adds 18 offices to AIT’s 130-location global network. It expands Itasca, Ill.-based AIT’s network to Denmark, Romania and Turkey. Lubbers also has facilities in Germany, Italy, Norway and the United Kingdom.
In business for decades, Lubbers, headquartered...
https://www.freightwaves.com/news/ait-closes-on-lubbers-acquisition