Purolator acquires customs broker Livingston to enhance trade services

Purolator Inc. has acquired Livingston International, a major customs broker in Canada, to enhance its trade services amid changing international trade rules. The deal closed on Tuesday for an undisclosed amount. This acquisition aims to help clients navigate increased trade complexities and potential tariffs, particularly due to U.S. trade policies. Purolator's CEO noted that demand for customs brokerage services is expected to grow. Livingston, based in Toronto, employs around 2,700 workers and operates at over 50 locations across North America, Europe, and Asia. The company was previously owned by Platinum Equity, which purchased it in 2019.