Purolator acquires Livingston International

by Today's Trucking

Purolator announced it has closed a deal to acquire Livingston International, an international trade services firm that specializes in customs brokerage, global freight forwarding and trade consulting, from Platinum Equity.

Established in 1945, Livingston has served as an advisor to more than 30,000 businesses engaged in cross-border and global trade, according to a news release. Livingston has been a partner in supporting Purolator’s customs and global trade service needs for over 30 years.

Purolator and Livingston logos
(Photo: Purolator)

“Strategically, this transaction represents a generational opportunity to acquire a highly complementary and growing international business with a proven track record of success,” said John Ferguson, Purolator president & chief executive officer (CEO), in a news release. “With these broader capabilities and increased breadth, we can offer more choice and greater flexibility to current and future customers.” 

“Livingston is excited to join an iconic transportation brand with considerable growth opportunities,” said Robert Smith, CEO of Livingston International. “This builds on the successes of each business’ operating models and corporate cultures.”

Livingston International will now become a wholly owned subsidiary of Purolator led by its existing leadership team managing its day-to-day operations.


Have your say


This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.

*

  • I hope they do a complete overhaul of the customs clearance company operation and make much better
    In my opinion this should be the best clearance company with proper reform

    Reply

  • Congratulations Purolator on your purchase og Livingston International.

    However as a wholly owned Subsidiary of Canada Post, one has to ask where the money is coming from?

    Our Government just bailed out Canada Post to the tune of $1 Billion Tax Dollars.

    Do you, Canada Post or the Liberal Government care to disclose how much this acquisition cost the Canadian Taxpayers?

    Reply