Brief: Universal Logistics Holdings Acquires Parsec

Universal Logistics Holdings (Nevada)

30/09/2024 21:57

Sept 30 (Reuters) - Universal Logistics Holdings Inc
 ULH.O :
    * UNIVERSAL LOGISTICS HOLDINGS ACQUIRES PARSEC, A
MARKET-LEADING
RAIL TERMINAL OPERATOR
    * UNIVERSAL LOGISTICS HOLDINGS INC - CASH PURCHASE PRICE FOR
PARSEC WAS $193.6 MILLION
    * UNIVERSAL LOGISTICS HOLDINGS INC - ACQUISITION EXPECTED TO
BOOST
UNIVERSAL'S CONTRACT LOGISTICS REVENUES TO OVER $1 BILLION
    * UNIVERSAL LOGISTICS HOLDINGS: TRANSACTION IS EXPECTED TO
BE
IMMEDIATELY ACCRETIVE

Source text for Eikon:  ID:nPnc53cB8a 
Further company coverage:  ULH.O 

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