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News Breaks | | | | November 5, 2012 | | 07:07 EDT |  | RRTS | Roadrunner acquires Central Cal Transportation for $4M plus earnout
Roadrunner Transportation Systems has acquired all of the outstanding stock of Central Cal Transportation, a provider of intermodal transportation and related services from the Northern California region. Central Cal transports primarily nuts, wine and retail import products. The purchase price was approximately $4M plus an earnout. The acquisition was financed with borrowings under Roadrunner's credit facility. Central Cal is expected to be accretive to Roadrunner's earnings in 2013. | |
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