M&A Deal Summary

Hub Group Acquires Marten Intermodal

On September 30, 2025, Hub Group acquired transportation company Marten Intermodal from Marten Transport

Acquisition Highlights
  • This is Hub Group’s 9th transaction in the Transportation sector.
  • This is Hub Group’s 9th transaction in the United States.
  • This is Hub Group’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2025-09-30
Target Marten Intermodal
Sector Transportation
Buyer(s) Hub Group
Sellers(s) Marten Transport
Deal Type Divestiture

Target

Marten Intermodal

Mondovi, Wisconsin, United States
Marten Intermodal provides 1,200 refrigerated containers and intermodal commercial relationships with a diversified group of shippers within the food and beverage industry.

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Buyer(S) 1

Buyer

Hub Group

Oak Brook, Illinois, United States

Category Company
Founded 1971
Sector Transportation
Employees6,471
Revenue 3.9B USD (2024)
DESCRIPTION
Entrance to Hub Group's corporate headquarters in Oak Brook, Illinois.
Entrance to Hub Group's corporate headquarters in Oak Brook, Illinois.

Hub Group is an asset-light freight transportation management company providing intermodal, truck brokerage and logistics services. Hub Group was formed in 1971 and is based in Oak Brook, Illinois.


DEAL STATS #
Overall 9 of 9
Sector: Transportation M&A 9 of 9
Type: Divestiture M&A Deals 2 of 2
State: Wisconsin M&A 1 of 1
Country: United States M&A 9 of 9
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-20 Forward Air - Final Mile Business

United States

Forward Air's Final Mile Business provides residential final mile delivery and installation of big & bulky goods, with a focus on appliances. Through a network of independent service providers and 46 company-operated facilities, FAFM has delivery coverage throughout the continental US.

Buy $262M

Seller(S) 1

SELLER

Marten Transport

Mondovi, Wisconsin, United States

Category Company
Founded 1946
Sector Transportation
Employees3,776
Revenue 964M USD (2024)
DESCRIPTION

Marten Transport is a temperature-sensitive truckload carrier. It is engaged in transporting and distributing food and other consumer packaged goods, which requires a temperature-controlled or insulated environment. Marten Transport was founded in 1946 and is headquartered in Mondovi, Wisconsin.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Wisconsin M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1