Scan Global Logistics to acquire Oregon-based OIA Global

Danish freight intermediary Scan Global Logistics has made the largest investment in its history, agreeing to acquire Portland, Oregon-based logistics provider OIA Global in a deal it said late Wednesday that would put the company among the top 20 freight forwarders in the world.

Scan Global Logistics said the proposed acquisition will strengthen its presence in key markets and expand supply chain capabilities available to customers beyond traditional freight forwarding.

Founded in 1988, OIA Global employs more than 1,200 people across more than 60 offices in over 30 countries. Its capabilities span freight forwarding, customs brokerage, contract logistics, project logistics, prime contractor management, packaging design and materials management. OIA had $780 million in revenue last year.

Scan said the acquisition will complement its existing offering while significantly strengthening its position in the United States and other strategically important markets. The combination will also provide customers access to a broader range of supply chain solutions, making it easier to manage increasingly complex supply chains.

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