As the exclusive strategic advisor to Aries Global Logistics (AGL), Logisyn is honored to announce the successful acquisition of AGL by NTG on March 29, 2022.

This transaction creates a mutually beneficial relationship for the companies. NTG’s global footprint allows AGL to expand their service offering while also increasing NTG’s industry reach within the air and ocean freight sectors.

“AGL’s CEO and Founder, Frank D’Ambra, was introduced to Logisyn via a very successful logistics entrepreneur. After meeting Frank and reviewing their operation, our team was extremely confident that we could find an optimal buyer.  The cultural fit for AGL’s employees was critical.  After 35 years of building his company from one employee into what AGL has become, this was Frank’s life’s work. He has a lot of loyalty to his team, customers, and partners. From the first meeting between AGL and NTG, we knew this was the right fit for both the buyer and the seller. That cultural and strategic fit allowed us to get through the arduous negotiation and due diligence process.”   - Cris Arens, Managing Partner of Logisyn Advisors 

Founded in 1985, AGL is an entrenched international air and ocean freight forwarder that has developed a global brand with domestic importers and exporters, as well as overseas agents. Through a global network and U.S. Customs House Brokerage services, the firm offers door-to-door services with unparalleled customer service. 

Based in Denmark and publicly traded on the NASDAQ Copenhagen stock exchange, NTG provides a wide selection of transportation services globally. NTG comprises over 70 companies through start-ups and strategic acquisitions, allowing them to excel in numerous fields of transport specialties. The company had previously looked at a different Logisyn sell-side acquisition in the Freight Forwarding and CHB space and was added to the buyer map as an ideal cultural and strategic fit for AGL.

“I knew of Logisyn by reputation.  After meeting their team, I felt their proven M&A track record in the logistics space would be the differentiator. We limited the search and had very specific requirements. The cultural fit for my team was critical, and we were in no hurry. NTG is a great match and we look forward to this next chapter.”   - Frank D’Ambra, CEO of AGL

Logisyn Advisors never discusses deal terms.  For more details on the transaction, click here to view the NTG stock exchange announcement.

For more information on Logisyn’s M&A service offerings, please visit www.logisyn.com or contact our Marketing Director, Karin Mellin at [email protected].