M&A Deal Summary

C.H. Robinson Worldwide Acquires Prime Distribution Services

On January 28, 2020, C.H. Robinson Worldwide acquired distribution company Prime Distribution Services from Roadrunner Transportation for 225M USD

Acquisition Highlights
  • This is C.H. Robinson Worldwide’s 2nd transaction in the Distribution sector.
  • This is C.H. Robinson Worldwide’s 4th largest (disclosed) transaction.
  • This is C.H. Robinson Worldwide’s 11th transaction in the United States.
  • This is C.H. Robinson Worldwide’s 2nd transaction in Indiana.

M&A Deal Summary

Date 2020-01-28
Target Prime Distribution Services
Sector Distribution
Buyer(s) C.H. Robinson Worldwide
Sellers(s) Roadrunner Transportation
Deal Type Divestiture
Deal Value 225M USD

Target

Prime Distribution Services

Indianapolis, Indiana, United States
Prime Distribution Services, Inc. provides a comprehensive suite of retail consolidation solutions, with five food-grade warehouse facilities strategically located across the nation and a team of retail supply chain experts dedicated to helping clients achieve compliance with large U.S. retailer delivery and in-stock requirements. Prime Distribution Services was founded in 1990 and is base din Indianapolis, Indiana.

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Buyer(S) 1

Buyer

C.H. Robinson Worldwide

Eden Prairie, Minnesota, United States

Category Company
Founded 1905
Sector Transportation
Employees14,990
Revenue 17.6B USD (2023)
DESCRIPTION
Entrance to C.H. Robinson's corporate headquarters in Eden Prairie, Minnesota.
Entrance to C.H. Robinson's corporate headquarters in Eden Prairie, Minnesota.

C.H. Robinson Worldwide is a third-party logistics (3PL) provider. C.H. Robinson provides freight transportation and logistics, outsourcing solutions, produce sourcing, and information services to over 45,000 customers through a network of offices in North America, South America, Europe, Asia, and Australia. C.H. Robinson Worldwide was founded in 1905 and is based in Eden Prairie, Minnesota.


DEAL STATS #
Overall 23 of 24
Sector (Distribution) 2 of 2
Type (Divestiture) 1 of 1
State (Indiana) 2 of 2
Country (United States) 11 of 11
Year (2020) 1 of 1
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-23 Dema Service

Pescara, Italy

Dema Service S.p.A. is a provider of the truck brokerage in Europe. The company also provides freight forwarding and other logistics services. Dema Service was founded in 2004 and is based in Pescara, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-12 Combinex

Oud-Beijerland, Netherlands

Combinex is a freight forwarding company specialized in transport services for dry goods and fresh & frozen goods throughout Europe, providing both full truckload and less than truckload for dry goods, and full truckload for fresh & frozen goods. Combinex was formed in 2006 and is based in Oud-Beijerland, Netherlands.

Buy -

Seller(S) 1

SELLER

Roadrunner Transportation

Downers Grove, Illinois, United States

Category Company
Founded 2005
Sector Transportation
Employees3,600
Revenue 1.8B USD (2019)
DESCRIPTION

Roadrunner Transportation is an asset-light transportation and supply chain solutions provider offering a full suite of services, including less-than-truckload, truckload, temperature-controlled, intermodal, expedited, and domestic and international air. Roadrunner Transportation was founded in 2005 and is based in Downers Grove, Illinois.


DEAL STATS #
Overall 4 of 5
Sector (Distribution) 1 of 1
Type (Divestiture) 3 of 4
State (Indiana) 1 of 1
Country (United States) 4 of 5
Year (2020) 1 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-09 D&E Transport

Clearwater, Minnesota, United States

D&E Transport, Inc. provides reliable flatbed service to a broad range of customers in the industrial, agriculture and general freight markets.

Sell $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-01 Stagecoach Carthage & Distribution

El Paso, Texas, United States

Stagecoach Carthage & Distribution LLC provides reliable dry van over-the-road and local cartage as well as warehousing services to a broad range of customers in the bulk resin and general freight markets. Stagecoach Carthage & Distribution was formed in 1986 and is based in El Paso, Texas.

Sell -