Livingston International Purchases Advantex Express
October 16, 2013
Livingston International has acquired the assets of Advantex Express Inc. as well as the shares of its two U.S. entities, Advantex Express, Inc. and Andina Group International, Inc.
"With the acquisition of this transportation services and customs brokerage firm, Livingston is further expanding its Canadian and U.S. freight forwarding and brokerage operations, while giving us additional ground freight audit capabilities," said Livingston CEO, Steve Preston.
Terms of the deal have not been released.
"Livingston's extensive coverage in Canada and the U.S., particularly in key regional air/sea markets and along the U.S. southern border, will benefit our customers and offer additional career opportunities for our employees,” said Greg Richard, president of Advantex, which is headquartered in Mississauga, Ontario.
Advantex employs approximately 50 people in both Canada and the United States. The company, founded in 1987, specializes in freight services through its worldwide agent network as well as freight audit and customs brokerage services.
Livingston International offers international trade consulting and global trade management services as well as international freight forwarding. It’s headquartered in Toronto, Ontario and employs approximately 3,200 people.