Scan Global Logistics vaults into top 20 with $780m Oregon deal
Danish forwarder to absorb Portland-based OIA Global in Q1 2027, creating a 6,300-strong workforce across 260 offices.
Danish logistics provider Scan Global Logistics has announced its largest investment to date with the acquisition of Oregon-based OIA Global. The deal, revealed late Wednesday, is set to position the company among the world’s top 20 freight forwarders, according to industry rankings.
OIA Global, established in 1988, operates a network of over 60 offices across more than 30 countries and employs more than 1,200 people. The company specializes in a wide range of logistics services, including freight forwarding, customs brokerage, contract logistics, project logistics, and packaging design. Last year, OIA Global reported $780 million in revenue, a figure that will significantly boost Scan Global’s financial scale.
Expanding capabilities and market reach: Scan Global
The acquisition is expected to strengthen Scan Global’s presence in the United States and other key markets, while also expanding its service offerings. The combined entity will provide customers with a broader suite of supply chain solutions, addressing the growing complexity of global logistics.
Scan Global Logistics has pursued aggressive expansion since 2018, completing a series of acquisitions in Africa, Europe, and North America. The company, which operates more than 200 offices worldwide and employs over 5,100 people, reported $2.82 billion in revenue last year. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 12% year over year to $244.2 million. However, Scan Global posted a net loss of $101.5 million, attributed to debt refinancing and the acquisition of ITN Logistics Group in Canada.
Strategic growth and financial outlook
The OIA Global transaction is subject to regulatory approvals and is expected to close in the first quarter of 2027. While financial terms remain undisclosed, the deal reflects a broader industry trend of consolidation as logistics providers seek to enhance their service portfolios and global reach.
Industry analyst Armstrong & Associates currently ranks Scan Global as the 19th largest freight forwarder globally based on gross revenue and ocean/air volume. The acquisition of OIA Global is poised to further solidify its position in the competitive logistics sector.
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