Jameson Legal

 

Resource

 

 

 

 

 

 

 

 

 

 

 

DLA Piper advises LOGISTEC Corporation in acquisition of Gulf Stream Marine

02 Mar 2018

DLA Piper represented LOGISTEC Corporation (TSX: LGT.A and LGT.B) in its strategic acquisition of Gulf Stream Marine. This transaction will allow LOGISTEC to establish a stronghold in the Gulf region, strengthen its position in a high-growth market in the United States, provide access to an experienced talent pool, facilitate knowledge transfer between the two organizations and generate immediate positive benefits to shareholders.

This acquisition also represents a major expansion of LOGISTEC's network of terminals in the United States. With Gulf Stream Marine's ten terminals in five ports, Logistec's cargo handling activities now cover 58 terminals in 35 ports in North America.

The DLA Piper team was led by partner Jason Whiteley and associates Jibin Luke and Jiha Ko (all Houston), and included partners David Durham (San Francisco), Nathaniel McKitterick (Silicon Valley) and Frank Mugabi (New York), senior counsel Sandra Bell (Washington, DC), and associateWitold Jurewicz (New York).

Matter Type
M&A: Acquiror's Counsel
Industry
Transport & Logistics
News Category
M&A