UTI acquires Span
Rancho Dominguez, Calif.-based UTi Worldwide Inc. said Friday it has acquired Span America Holding Co. and Span Manufacturing Ltd., a value-added provider of supply chain management software, primarily in North America.
The Span International Group of Cos., based near Toronto, was privately held and will now become part of UTi’s contract logistics team in the Americas.
Span had annual gross and net revenues of about $39.1 million and $36.0 million, respectively, for the 12-month period ended Dec. 31, 2005. Terms of the transaction were not disclosed.
UTI acquires Span
