M&A Deal Summary |
|
|---|---|
| Date | 2016-10-27 |
| Target | XPO Logistics - North American Truckload Operations |
| Sector | Transportation |
| Buyer(s) | TFI International |
| Sellers(s) | XPO |
| Deal Type | Divestiture |
| Deal Value | 558M USD |
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| Category | Company |
|---|---|
| Sector | Transportation |
| Employees | 16,408 |
| Revenue | 8.8B USD (2022) |
TFI International is a North American leader in the transportation and logistics industry, operating across Canada and the United States through its subsidiaries. TransForce creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned, operating subsidiaries. Under the TransForce umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International is based in Saint-Laurent, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 35 |
| Sector (Transportation) | 15 of 30 |
| Type (Divestiture) | 4 of 9 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 8 of 16 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 3 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-29 |
Services Matrec
Boucherville, Quebec, Canada Services Matrec, Inc. is a providr of integrated residual materials management and recycling services for its clients in the municipal, industrial, commercial, and institutional sectors in Canada. |
Sell | CA$800M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-29 |
National Fast Freight
Brampton, Ontario, Canada National Fast Freight, Inc. is a non-asset Canadian-based transportation company providing LTL intermodal services across Canada. NFF will increase TFI International's density in the Canadian intermodal segment. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | Transportation |
| Employees | 108,000 |
| Revenue | 7.7B USD (2022) |
XPO is a provider of transportation and logistics solutions. XPO's transportation services include truck brokerage and transportation, less-than-truckload, intermodal, highly-engineered supply chain solutions, contract logistics, last mile, expedite, global forwarding and managed transportation. XPO was founded in 2000 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Transportation) | 1 of 2 |
| Type (Divestiture) | 1 of 2 |
| State (Connecticut) | 1 of 2 |
| Country (United States) | 1 of 2 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-09 |
Con-way
Ann Arbor, Michigan, United States Con-way, Inc. is a freight transportation and logistics services company. Con-way delivers services through three primary operating companies: Con-way Freight, Con-way Truckload Services and Menlo Logistics. These operating units provide high-performance, day-definite less-than-truckload and full truckload and intermodal freight transportation, as well as logistics, warehousing and supply chain management services, and trailer manufacturing. |
Buy | $3.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-09 |
Kuehne + Nagel International AG - Contract Logistics Portfolio
United Kingdom Kuehne + Nagel International AG's Contract Logistics Portfolio provides drinks logistics, food services, and retail & technology businesses. |
Buy | - |
