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  6. Geodis SA Acquires Southern Companies

M&A Deal Summary

Geodis SA Acquires Southern Companies

On May 23, 2023, Geodis SA acquired transportation company Southern Companies

Acquisition Highlights
  • This is Geodis SA’s 6th transaction in the Transportation sector.
  • This is Geodis SA’s 4th transaction in the United States.
  • This is Geodis SA’s 1st transaction in Florida.

M&A Deal Summary
Date 2023-05-23
Target Southern Companies
Sector Transportation
Buyer(s) Geodis SA
Deal Type Add-on Acquisition

Target

Southern Companies

Medley, Florida, United States
Southern Companies is a family-owned business provides a range of import and export services, including warehousing and trucking, to ensure customer goods are moving swiftly through the supply chain. Southern Companies was founded in 1965 and is based in Medley, Florida.

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Buyer(S) 1

Buyer

Geodis SA

Clichy, France
Category Company
Sector Transportation
DESCRIPTION

Geodis Sa is a provider of shipping and postal services.

DEAL STATS #
Overall 6 of 6
Sector: Transportation M&A 6 of 6
Type: Add-on Acquisition M&A Deals 5 of 5
State: Florida M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-16 Need It Now Delivers

Flushing, New York, United States

Need It Now Delivers is a private same-day provider serving the United States. Need It Now provides national, same-day ground and air delivery services to a wide range of commercial, industrial, and retail customers. Services are divided between rush, warehousing, fast distribution, and pre-scheduled service. Need It Now Delivers was founded in 1987 and is based in Flushing, New York.

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