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Matson Integrated Logistics buys Aquitaine

Matson Integrated Logistics buys Aquitaine

   Concord, Calif.-based Matson Integrated Logistics has acquired Aquitaine Assets Ltd., a freight transportation management and technology company, for an undisclosed amount.

   Aquitaine’s four founding partners will be retained, as well as the current nine-member management team. In 2004, Aquitaine generated over $20 million in revenue, said Matson.

   Matson Integrated Logistics is a subsidiary of Matson Navigation Co., itself a wholly owned subsidiary of Alexander & Baldwin, Inc.