ADS, Inc., a leading provider of value-added logistics and supply chain solutions, has closed the acquisition of Theodor Wille Intertrade (TWI). The agreement to acquire 100% of the outstanding shares of TWI was signed in September 2015.
TWI will continue to operate its business as a division of ADS. For ADS the acquisition entails complementing their own portfolio of contract vehicles and immediately diversifying its business.
IEG – Investment Banking Group acted in cooperation with its American partner office Rossoff & Co as exclusive financial advisor to the selling shareholders of TWI.