Scan Global Logistics to acquire OIA Global in largest-ever investment
The deal will expand SGL’s US presence and add supply chain management, customs brokerage, project logistics and packaging capabilities to its global network.
Scan Global Logistics (SGL) has signed an agreement to acquire OIA Global in its largest-ever investment, a deal that will strengthen its presence in key markets and place it among the world’s top 20 freight forwarders.
OIA Global, headquartered in Portland, Oregon, provides end-to-end supply chain and logistics solutions. Founded in 1988, the company has more than 1,200 employees across over 60 offices in more than 30 countries.
The acquisition will strengthen SGL’s presence in the United States and other strategically important markets while expanding its range of supply chain services. The combined business will offer customers access to a broader global network and a wider range of solutions to manage increasingly complex supply chains.
OIA Global’s services include freight forwarding, customs brokerage, contract logistics, project logistics, fourth-party logistics (4PL), packaging design and materials management. Its diversified business model and expertise in these areas will complement SGL’s existing capabilities beyond traditional freight forwarding.
This story was originally published by STAT Times. Read the full story at STAT Times →
Conversation