Global GSSA Giant WFC Acquired by Brookfield in $1.2bn Deal

May 23
1 min read

Global General Sales and Service Agent (GSSA) giant World Freight Company (WFC, France) has been acquired by Brookfield Asset Management (Canada) in a deal reportedly worth $1.2 billion. Former owners PAI Partners and EQT announced the sale, which is expected to close by the end of 2026. Founded in 2004, WFC operates 25 logistics brands, serving more than 300 airlines and 16,000 freight forwarders across 80 countries. Brookfield plans to invest in technology and expand WFC through further industry consolidation over the coming years.

Recent Posts

See All

Global Air Cargo Demand Rises 4% in April Despite Middle East Disruptions

Global air cargo demand increased by 4.0% year on year in April 2026, according to the latest figures from the International Air Transport Association (IATA). While cargo capacity declined by 0.4%, th

What is a Shipper?

Definition A Shipper is a company or individual that owns goods and requires transportation services to move those goods through the supply chain. In logistics procurement, shippers define transportat

What is LCL ?

Definition LCL (Less than Container Load) is an ocean freight shipping method in which cargo from multiple shippers is consolidated into a single container. LCL is commonly used when shipment volumes

Comments