According to AIT President and CEO Vaughn Moore, the acquisition of ConneXion fulfills a long-term goal for the company to establish a greater presence in the United Kingdom.
“AIT has many customers in the U.K. with consistently high cargo volume, and the company’s aspiration to expand there has intensified in recent years,” Moore said. “This acquisition also reinforces AIT customers’ supply chains in the U.K. 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 U.K. may have with respect to the forthcoming Brexit milestones,” he said.
Terms of the deal were not disclosed.