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AIT acquires UK’s ConneXion
[ December 5, 2018 // Chris ]US-based AIT Worldwide has acquired Heathrow-headquartered forwarder ConneXion World Cargo. ConneXion also has offices in Halifax, Canada; Hong Kong, China and Paris, France as well as UK operational centers in Exeter and Manchester.
AIT president and chief executive Vaughn Moore said the move would cement his company’s position in the UK, adding: “AIT has many customers in the UK with consistently high cargo volume and the company’s aspiration to expand there has intensified in recent years. This acquisition also reinforces AIT customers’ supply chains in the UK with robust local expertise, particularly when it comes to licensing and customs connections. Adding the ConneXion group to our global team will help mitigate any uncertainty our customers with business in the UK may have with respect to the forthcoming Brexit milestones.”