Monday, July 15, 2019

Trucking company Cowan Systems acquires Pennsylvania-based competitor

Local trucking company Cowan Systems LLC has acquired Carlisle Carrier Corp., its second acquisition in the last three years. Cowan, a 95-year-old company based in Lansdowne, added about 285 trucks with the purchase bringing its total fleet to about 2,500. Cowan President Dennis Morgan declined to disclose the terms of the deal. Cowan has more than 2,250 employees as a result of the deal and added about $50 million in sales. Cowan had $550 million in sales last year, Morgan said, and is now on…



from https://www.bizjournals.com/baltimore/news/2019/07/15/trucking-company-cowan-systems-acquires.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/186309309502

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