Bellevue, Wash.-based Radiant Logistics has entered into a letter agreement, by which, through its wholly-owned subsidiary, Wheels International Inc., it has expressed its intent to acquire Lomas Logistics.
Bellevue, Wash.-based Radiant Logistics has entered into a letter agreement, by which, through its wholly-owned subsidiary, Wheels International Inc., it has expressed its intent to acquire Lomas Logistics.
Lomas Logistics operates as a third-party logistics provider from locations in Ontario and British Columbia.
The transaction is expected to close in the quarter ending March 31, 2017, Radiant said.
“In addition to leveraging our core competency and purchasing power across several key market verticals, Lomas Logistics also brings a unique healthcare service offering with licenses from Health Canada to distribute medical devices, pharmaceutical and natural health products which is expected to accelerate the development of a robust healthcare service offering for Wheels and Radiant,” Radiant Founder and CEO Bohn Crain said.
Radiant Logistics to acquire Canadian 3PL
