Ahead Air (NASDAQ:FWRD) to amass the belongings of CLW Supply, for $5.5M.
CLW generates $20 million in annual income. The transaction can be funded from money readily available and can shut in October 2020.
The acquisition of CLW helps the Firm’s strategic progress plan by increasing the footprint of Ahead’s Ultimate Mile enterprise into a further 14 markets.
Supply: Press Release