2017 promises to be a year of exciting change in the Fleet Industry, and we’re already off to quite a start in the mergers and acquisitions category!
Late last week Element Fleet Management Corp. out of Toronto acquired The CEI Group. CEI will continue to operate independently under the CEI name, and to be led by CEI’s founder, President and CEO, Wayne Smolda. An important part of the acquisition is that Element Fleet Management, North America and CEI will remain separate entities.
This week MetroGistics Holdings and equity partner Tailwind Capital announced the recent acquisition of AmeriFleet – and the merging of operations of AmeriFleet with MetroGistics, creating an unparalleled “one-stop-shop” for driveaway, trucking, storage, title and registration, compliance and a host of other fleet-related services.
Ted Roberts
President and Chief Content Officer