FedEx - M&A Summary and Business Overview

TransportationCompany

FedEx M&A Summary

FedEx has acquired 23 companies, including 2 in the last 5 years. A total of 3 acquisitions came from private equity firms.

FedEx’s largest acquisition to date was in 2016, when it acquired TNT Express NV for $4.8B. FedEx has acquired in 8 different US states, and 11 countries. The Company’s most targeted sectors include transportation (87%) and business services (10%).

FedEx Business Overview

Where is FedEx headquartered?

FedEx is headquartered in Memphis, Tennessee.

What is FedEx’s revenue?

FedEx disclosed revenue of 87,693M USD for 2024 and 90,155M USD for 2023.

How many employees does FedEx have?

FedEx has 306,000 employees.

What sector is FedEx in?

FedEx is a transportation company.

When was FedEx founded?

FedEx was founded in 1971.

M&A Summary

  • M&A Total Activity22
    • M&A Buy Activity22
  • Total Sectors Invested 3
  • Total Countries Invested 11
  • M&A Buy/Sell Connections 6
  • M&A Advisors 4

FedEx

FedEx Corp.

942 South Shady Grove Road,
Memphis, Tennessee 38120
United States,
(901) 818-7500
www.fedex.com

FedEx is a global transportation and logistics company. FedEx provides a broad portfolio of transportation, e-commerce and business services through four segments. FedEx was founded in 1971 and is based in Memphis, Tennessee.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 21 1 - - - - 22
vol $10.4B $10.4B
Sell (0.0/yr) # - - - - - - 0
  22

Most Recent M&A

Company Date Value Type
ShopRunner, Inc. 2020-12-02 - Divestiture
King of Prussia, Pennsylvania · www.shoprunner.com
Cargex S.A. 2019-08-29 - Add-on Acquisition
Bogota, Colombia
Manton Air-Sea Pty Ltd. 2018-10-18 - Add-on Acquisition
Botany, Australia · www.mantonairsea.com.au
P2P Mailing Ltd. 2018-03-27 142M GBP Add-on Acquisition
Basildon, United Kingdom · www.p2pmailing.co.uk
TNT Express NV 2016-05-25 4.8B USD Add-on Acquisition
Hoofddorp, Netherlands · www.tnt.com
Bongo International LLC 2014-12-16 - Add-on Acquisition
St. Petersburg, Florida · www.bongous.com
GENCO Distribution System, Inc. 2014-12-15 - Add-on Acquisition
Pittsburgh, Pennsylvania · www.genco.com
Rapidão Cometa Logistica e Transporte S.A. 2012-07-04 - Add-on Acquisition
Recife, Brazil · www.rapidaocometa.com.br
Opek Sp.z o.o. 2012-06-14 54M USD Add-on Acquisition
Lomianki, Poland · www.opek.com.pl
TATEX SAS 2012-05-10 55M USD Divestiture
Tours, France · www.tatexpress.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
GENCO Distribution System, Inc. 2014-12-15 Genco Pharmaceutical Services 2019-02-04 1
Pittsburgh, Pennsylvania · www.genco.com Milwaukee, Wisconsin

M&A by Sector

Sector Buy # Value Sell # Value
Transportation 19 (86%) 8.0B (77%) - -
Business Services 2 (9%) 2.4B (23%) - -
Internet Software and Services 1 (5%) - - -
Total 22 $10.4B - -

By Geo

State/Country Buy Value Sell Value
United States 10 5.1B - -
  Pennsylvania 2 - - -
  Florida 2 780M - -
  Wisconsin 1 120M - -
  Texas 1 2.4B - -
  Ohio 1 - - -
  Minnesota 1 - - -
  California 1 880M - -
  Arkansas 1 950M - -
India 2 33M - -
United Kingdom 2 326M - -
Australia 1 - - -
Brazil 1 - - -
Colombia 1 - - -
France 1 55M - -
Hungary 1 - - -
Mexico 1 - - -
Netherlands 1 4.8B - -
Poland 1 54M - -
Domestic 10 (45%) 5.1B (49%) - -
Cross-border 12 (55%) 5.3B (51%) - -
Total 22 $10.4B - -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
 5
BofA Securities
 1
Legal Deals
Baker & McKenzie
 2
NautaDutilh
 1

Deal Values

buy # Total
> $1B 2 $7.2B
$100M to $1B 6 $3.1B
< $100M 3 $142M
TOTAL $10.4B
Largest TNT Express NV
$4.8B (2016-05-25)

M&A Connections

Deals
Acquired from
Investor(s)
9%
2 (9%)
Strategic(s)
14%
3 (14%)

Company Summary

SECTOR

Transportation

Revenue

87,693   3% 2024
90,155   4% 2023
93,512   12% 2022
83,959   22% 2021
69,217   1% 2020
69,693   7% 2019
65,450   9% 2018
60,319   20% 2017
50,365   7% 2016
47,453   2015
(millions of USD) Show More Show Less

Employees

306,000

Established

1971

Public

NYSE: FDX

Former Name

Federal Express Corp.

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