M&A Deal Summary

EV Cargo Acquires Fast Forward Freight

On March 23, 2022, EV Cargo acquired transportation company Fast Forward Freight

Acquisition Highlights
  • This is EV Cargo’s 4th transaction in the Transportation sector.
  • This is EV Cargo’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2022-03-23
Target Fast Forward Freight
Sector Transportation
Buyer(s) EV Cargo
Deal Type Merger

Target

Fast Forward Freight

Hoofddorp, Netherlands
Fast Forward Freight provides freight forwarding solutions through air, ocean, and road transportation with an international network and over 150 partners, serving more than 7000 clients worldwide. Fast Forward Freight was founded in 1995 and is based in Hoofddorp, Netherlands.

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Buyer(S) 1

Buyer

EV Cargo

Hong Kong, China

Category Company
Founded 2018
Sector Transportation
Employees2,300
DESCRIPTION

EV Cargo is a global technology-enabled supply chain management and logistics execution platform that offers unique mission-critical end-to-end supply chain solutions to more than 3,000 customers across the retail, consumer, and industrial sectors. EV Cargo was founded in 2018 and is based in Hong Kong, China.


DEAL STATS #
Overall 6 of 6
Sector: Transportation M&A 4 of 4
Type: Merger M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-22 Palletforce

Staffordshire, United Kingdom

Palletforce is a distributor of palletised freight across the UK and Europe. Palletforce was founded in 2000 and is based in Staffordshire, United Kingdom.

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