M&A Deal Summary

Expeditors Acquires FleetCompany - Digital Platform

On May 26, 2020, Expeditors acquired internet software and services company FleetCompany - Digital Platform from FleetCompany

Acquisition Highlights
  • This is Expeditors’ 1st transaction in the Internet Software and Services sector.
  • This is Expeditors’ 1st transaction in Germany.

M&A Deal Summary

Date 2020-05-26
Target FleetCompany - Digital Platform
Sector Internet Software and Services
Buyer(s) Expeditors
Sellers(s) FleetCompany
Deal Type Divestiture

Target

FleetCompany - Digital Platform

Oberhaching, Germany
FleetCompany GmbH's Digital Platform is a cloud-based platform for online shipping in Oberhaching, Germany.

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Buyer(S) 1

Buyer

Expeditors

Seattle, Washington, United States

Category Company
Founded 1979
Sector Transportation
Employees18,400
Revenue 10.6B USD (2024)
DESCRIPTION
Expeditors International's corporate headquarters in downtown Seattle, Washington.
Expeditors International's corporate headquarters in downtown Seattle, Washington.

Expeditors is a provider of logistics services. The Company’s services include the consolidation or forwarding of air and ocean freight. Expeditors International acts as a customs broker and also provides additional services including order management, time-definite transportation, warehousing and distribution, cargo insurance, and customized logistics solutions. Expeditors was founded in 1979 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

FleetCompany

Oberhaching, Germany

Category Company
Sector Transportation
DESCRIPTION

FleetCompany GmbH is a fleet service provider of over 180,000 vehicles under contract in more than 27 countries. FleetCompany is based in Oberhaching, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2020 M&A 1 of 1