TFI International Agrees To Acquire JHT Holdings; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
TFI International has agreed to acquire JHT Holdings, a Wisconsin-based company that transports new trucks from manufacturing plants to dealers and end customers. The deal, which is expected to close in the third quarter, will add over $500 million in annual revenues to TFI's logistics segment.
August 07, 2023 | 12:03 pm
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TFI International's acquisition of JHT Holdings is expected to boost its annual revenues by over $500 million. The deal is set to close in the third quarter.
The acquisition of JHT Holdings by TFI International is expected to significantly increase its annual revenues, which could positively impact its stock price. The deal is also expected to close in the third quarter, which could lead to increased investor interest in the short term.
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