M&A Deal Summary

FedEx Acquires TATEX SAS

On May 10, 2012, FedEx acquired transportation company TATEX SAS from Xaap Finance SASU for 55M USD

Acquisition Highlights
  • This is FedEx’s 12th transaction in the Transportation sector.
  • This is FedEx’s 9th largest (disclosed) transaction.
  • This is FedEx’s 1st transaction in France.

M&A Deal Summary
Date 2012-05-10
Target TATEX SAS
Sector Transportation
Buyer(s) FedEx
Sellers(s) Xaap Finance SASU
Deal Type Divestiture
Deal Value 55M USD

Target

TATEX SAS

Tours, France
TATEX is a B2B express transportation company for heavy shipments in France.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 13 of 22
Sector (Transportation) 12 of 19
Type (Divestiture) 1 of 2
Country (France) 1 of 1
Year (2012) 1 of 3
Size (of disclosed) 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-16 MultiPack

Mexico City, Mexico

MultiPack provides package delivery, transportation and warehousing services throughout all 31 Mexican states and the Distrito Federal. The company has 48 distribution centers, 13 warehouses, and more than 500 retail locations in Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-14 Opek Sp.z o.o.

Lomianki, Poland

Opek Sp.z o.o. is a Polish courier company. Opek operates an automated hub in Lomianki, near Warsaw, and additional hubs in Lodz and Katowice. In total, the company operates 44 stations throughout Poland and has more than 1,200 employees.

Buy $54M

Seller(S) 1

SELLER

Xaap Finance SASU

Rennes, France
Category Company
Founded 2005
Sector Business Services
DESCRIPTION

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-01 TATEX SAS

Tours, France

TATEX is a B2B express transportation company for heavy shipments in France.

Buy -
Mergr

Product

Company

Legal