M&A Deal Summary

FedEx Acquires Bongo International

On December 16, 2014, FedEx acquired transportation company Bongo International

Acquisition Highlights
  • This is FedEx’s 16th transaction in the Transportation sector.
  • This is FedEx’s 9th transaction in the United States.
  • This is FedEx’s 2nd transaction in Florida.

M&A Deal Summary
Date 2014-12-16
Target Bongo International
Sector Transportation
Buyer(s) FedEx
Deal Type Add-on Acquisition

Target

Bongo International

St. Petersburg, Florida, United States
Bongo International LLC is a provider in cross border enablement technologies and solutions. Bongo International’s technology and processes provide a comprehensive and integrated end-to-end solution that helps retailers and e-tailers grow by reaching international e-commerce consumers.

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Buyer(S) 1

Buyer

FedEx

Memphis, Tennessee, United States
Category Company
Founded 1971
Sector Transportation
Employees306,000
Revenue 87.7B USD (2024)
DESCRIPTION
FeDex's corporate headquarters in Memphis, Tennessee.
FeDex's corporate headquarters in Memphis, Tennessee.

FedEx is a global transportation and logistics company. FedEx provides a broad portfolio of transportation, e-commerce and business services through four segments. FedEx was founded in 1971 and is based in Memphis, Tennessee.

DEAL STATS #
Overall 17 of 22
Sector (Transportation) 16 of 19
Type (Add-on Acquisition) 16 of 20
State (Florida) 2 of 2
Country (United States) 9 of 10
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-15 GENCO Distribution System

Pittsburgh, Pennsylvania, United States

GENCO Supply Chain Solutions is a provider of logistics services and the recognized leader in reverse logistics. The company manages 112 operations and 37 million square feet of warehouse space throughout North America for a diverse range of retail, manufacturing and government customers, including many Fortune 500 companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-25 TNT Express NV

Hoofddorp, Netherlands

TNT Express NV is a Dutch logistics and shipping company serving Europe, the Middle East and Africa, Asia-Pacific and the Americas.

Buy $4.8B
Mergr

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