Vitran Sells its Supply Chain Operation to LEGACY Supply Chain

Vitran Corporation Inc., a publicly traded North American transportation company, completed the sale of its Supply Chain Operation (SCO) business to LEGACY Supply Chain based in Portsmouth, New Hampshire, for US $97 million in cash. In the transaction LEGACY Supply Chain acquired various Vitran Canadian and US subsidiaries carrying on the SCO business. The SCO business operates as a North American third-party supply chain provider specializing in complex, high-velocity logistics networks servicing leading North American Retailers. The acquisition greatly expands LEGACY Supply Chain's market share in the United States and Canada.

Vitran was represented by McMillan LLP with a team that included Carl De Vuono, Greg McIlwain, Jeffrey Geib, Damon Chisholm and Robert Hester (M&A and corporate); Hellen Siwanowicz and Herb Ono (securities); and Eric Friedman and Darcy Ammerman (financial services). Vitran was advised on various US matters by Vuono & Gray, LLC with a team led by Mark Vuono.

LEGACY Supply Chain was represented by Verill Dana LLP with a team that included Mark Googins, Jim Palmer, Andreea Sabin, Alistair Raymond and Riikka Morrill and by Gowling Lafleur Henderson LLP on Canadian matters with a team that included David Pamenter, Faran Umar-Khitab, David Campbell and Neeta Sahadev (M&A and corporate); Tim Wach and Jennifer Hanna (tax) and Hugh Christie and Jordan Smith (employment).