Rosenau Transport Ltd.

This transaction allowed the shareholders of Rosenau Transport to implement their succession strategy while ensuring the continued growth and success of the company.

Rosenau Transport is one of Western Canada’s preeminent freight carriers. The company provides a full range of transportation and logistics services, including: Less-than-Truckload (LTL), Full-Truckload-Freight (FTL), small package delivery and supply chain warehousing solutions.

Rosenau Transport was founded in 1957 and has grown to become one of Canada’s largest privately-owned shipping service providers. The company has an established transportation network of over 24 terminal locations across four Western Canadian provinces and has also formed strategic connections with partner carriers across North America.

GLS operates as a subsidiary of Royal Mail plc that is listed on the London Stock Exchange under the ticker LSE:RMG.

GLS is a leading cross-border parcel service provider with headquarters in the Netherlands. The company provides parcel services to customers in 41 countries, which is further complemented by freight and express services.

Within North America, GLS operates through subsidiaries in Eastern Canada and along the US West Coast. GLS entered the Canadian market in 2018 through the acquisition of Dicom Canada which operated a network of 28 hubs and depots, with 1,400 employees.

The acquisition of Rosenau Transport will link two regional carriers together to offer a comprehensive pan-Canadian transportation network. The combination will unlock significant growth opportunities for GLS with new and existing customers in both the Canadian and US markets.