Miq: MIQ Logistics Acquired By Unit Of Spanish Maritime Firm Noatum

U.S. third-party logistics provider MIQ Logistics has been acquired by Noatum Logistics, the transportation, logistics and customs brokerage unit of Spanish-based Noatum Maritime, from private equity firm Austin Ventures. Terms of the transaction were not disclosed.Once the deal closes in the next few weeks, Noatum Logistics will have about $600 million in annual revenue, the companies said in a statement. MIQ, based in Overland Park, Kansas, operates from more than 60 offices in 19 countries. Noatum Logistics operates in five countries.Noatum Logistics will maintain keep its ...Full story available on Benzinga.com