The CCW Group, Inc. (“CCW”), a leading logistics company based in Greensboro, North Carolina, has been acquired by Schenker AG (“Schenker”). CCW is a provider of logistics services including contract and public warehousing, transportation, packaging, manufacturing support and fulfillment. CCW provides these services primarily for customers in the retail and manufacturing industries. CCW will become a unit of Schenker Stinnes Logistics.
Schenker is a global logistics and supply chain services provider specializing in customs brokerage, importing operations and freight services.
Terms of the transaction were not disclosed. Philpott Ball & Werner served as advisor to CCW.