August 31, 2017 / 9:19 PM / a month ago

BRIEF-C.H. Robinson acquires Milgram & Co Ltd

Aug 31 (Reuters) - C.H. Robinson Worldwide Inc

* C.H. Robinson expands global network, acquires Milgram & Company Ltd.

* C.H. Robinson Worldwide Inc - ‍C.H. Robinson purchased Milgram & Company Ltd for approximately $62 million CAD​

* C.H. Robinson Worldwide Inc - ‍acquisition is expected to be approximately neutral to earnings in 2017 and slightly accretive in 2018​

* C.H. Robinson Worldwide Inc - ‍deal financed through cash and funds drawn from C.H. Robinson’s existing revolving credit facility​

* C.H. Robinson Worldwide Inc - will integrate Milgram into its global forwarding division and single global technology platform, Navisphere​ Source text for Eikon: Further company coverage:

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