Menzies Aviation has acquired GTO Global Logistics Inc, a Canadian logistics services provider based in Vancouver.
GTO, which provides airfreight, ocean LCL, domestic/cross-border road services, storage and customs brokerage at airports and ports in Canada, will integrate into the Air Menzies International (AMI) division of the business.
No details of how much Menzies paid for GTO was revealed.
AMI provides wholesale air freight and express services exclusively to freight forwarders, packaging companies, customs brokers and courier agents.
As part of the deal, Menzies will acquire a customs bonded warehouse of 10,000 square foot in Vancouver. This will be the first AMI office in Canada, as the business looks to expand its presence across the country.
GTO’s owner Darrell Keen, who founded the business 15 years ago, will become head of AMI’s Canadian operations, with all other employees also joining AMI’s operations.
AMI chief executive officer, Jonathan Clark said: “We believe that GTO is the perfect match for AMI in Canada as they understand our needs, provide excellent service and have a proven track record of success in the region.
“They have been a partner of ours for several years and already have strong relationships with airlines and shipping lines which will help grow the AMI business in Canada. I look forward to welcoming Darrell Keen and the rest of the GTO team into the Menzies family.”
