M&A Deal Summary

Hitachi Transport System Acquires Flyjac Logistics Pvt.

On April 5, 2010, Hitachi Transport System acquired transportation company Flyjac Logistics Pvt. for 56M USD

Acquisition Highlights
  • This is Hitachi Transport System’s 2nd transaction in the Transportation sector.
  • This is Hitachi Transport System’s largest (disclosed) transaction.
  • This is Hitachi Transport System’s 1st transaction in India.

M&A Deal Summary
Date 2010-04-05
Target Flyjac Logistics Pvt.
Sector Transportation
Buyer(s) Hitachi Transport System
Deal Type Add-on Acquisition
Deal Value 56M USD

Target

Flyjac Logistics Pvt.

Mumbai, India
website
Flyjac Logistics Pvt. Ltd. is a provider of air and ocean freight forwarding, warehousing and reverse logistics services.

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Buyer(S) 1

Buyer

Hitachi Transport System

Tokyo, Japan

website

Category Company
Founded 1950
Sector Transportation
Employees22,682
Revenue 743.6B JPY (2022)
DESCRIPTION

Hitachi Transport System is a provider of third party logistics (3PL) service. Company provide optimal solutions, streamlining transport and distribution functions across a range of corporate activities including everything from material procurement to production, sales and recycling. Hitachi Transport System was founded in 1950 and is based in Tokyo, Japan.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (India) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 Hitachi Collabonext Transport System

Kawasaki, Japan

Hitachi Collabonext Transport System Co., Ltd. is a provider of transport and storage services of cosmetics, makeup, skincare, bodycare products, and perfumes.

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