ADS Inc. announced that it has completed the acquisition of Zug, Switzerland-based Theodor Wille Intertrade (TWI), a leading provider of logistics and supply chain solutions to the Department of Defense (DOD). The deal was originally announced in September. TWI serves customers in the US EUCOM and CENTCOM regions by providing construction materials, equipment, hardware, food and food services as well as logistics and transportation management services. TWI and ADS are two of only fifteen companies that are Gold-Tier suppliers for the Defense Logistics Agency (DLA).
According to the press release: "Joining forces with TWI allows ADS to immediately diversify its business into the food and subsistence market. The ability for ADS to combine its global capabilities with TWI’s existing logistics, transportation and supply chain management services expertise in local markets throughout Europe, the Middle East and Central and Southwest Asia will bring tremendous benefits to its customers and partners."
Deal terms were not disclosed.
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