Quality Distribution Announces Agreement to Acquire Greensville Transport Company for $8.5M

Quality Distribution, Inc. QLTY today announced that its wholly-owned subsidiary, Boasso America Corporation, has entered into a definitive agreement to acquire 100% of the outstanding stock of Greensville Transport Company. The purchase price is $8.5 million, payable in cash, and up to an additional $0.5 million in cash, subject to Greensville meeting certain future operating performance criteria.