Customs broker Livingston acquires Advantex Express Inc.
The deal includes the shares of Advantex's two U.S. entities
TORONTO—Customs brokerage and trade compliance firm Livingston International has acquired the assets of Advantex Express Inc. as well as the shares of its two U.S. entities, Advantex Express, Inc. and Andina Group International, Inc.
“With the acquisition of this transportation services and customs brokerage firm, Livingston is further expanding its Canadian and U.S. freight forwarding and brokerage operations, while giving us additional ground freight audit capabilities,” said CEO, Steve Preston.
Advantex leadership, including Greg Richard, Andre Leclerc, Jan Nyberg and John Vella, will be join Livingston.
“We are very enthusiastic about becoming part of Livingston,” said Richard, president of Advantex, which is headquartered in Mississauga, Ont. “Livingston’s extensive coverage in Canada and the U.S., particularly in key regional air/sea markets and along the U.S. southern border, will benefit our customers and offer additional career opportunities for our employees.”
Founded in 1987, Advantex employs approximately 50 staff in both Canada and the U.S. The company specializes in freight services through a worldwide agent network as well as freight audit and customs brokerage services.
Livingston focuses on customs brokerage and trade compliance, international trade consulting and global trade management services as well as international freight forwarding across the world.
Livingston employs about 3,200 staff at over 125 key border points, sea ports, airports and other locations.