M&A Deal Summary

STG Logistics Acquires XPO Logistics - The Intermodal Division

On March 25, 2022, STG Logistics acquired transportation company XPO Logistics - The Intermodal Division from XPO

Acquisition Highlights
  • This is STG Logistics’ 7th transaction in the Transportation sector.
  • This is STG Logistics’ 8th transaction in the United States.
  • This is STG Logistics’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2022-03-25
Target XPO Logistics - The Intermodal Division
Sector Transportation
Buyer(s) STG Logistics
Sellers(s) XPO
Deal Type Divestiture

Target

XPO Logistics - The Intermodal Division

Greenwich, Connecticut, United States
The Intermodal Division is a provider of containerized transportation services, providing intermodal drayage and rail brokerage services for retailers, manufacturers, third-party logistics providers, and other types of customers.

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Buyer(S) 1

Buyer

STG Logistics

Bensenville, Illinois, United States
Category Company
Founded 1985
Sector Transportation
DESCRIPTION

STG Logistics is a provider of facilities-based containerized logistics services including container deconsolidation, reconsolidation, transloading, warehousing, and outsourced transportation solutions including final mile delivery. STG Logistics was founded in 1985 and is based in Bensenville, Illinois.

DEAL STATS #
Overall 8 of 9
Sector (Transportation) 7 of 8
Type (Divestiture) 3 of 3
State (Connecticut) 1 of 1
Country (United States) 8 of 9
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-18 IWS

Fort Lauderdale, Florida, United States

IWS is a logistics provider of warehousing, trucking, brokerage and documentation, customs clearance, and distribution services. IWS is based in Fort Lauderdale, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-08 Best Dedicated Solutions

Vernon Hills, Illinois, United States

Best Dedicated Solutions over-the-road ("OTR") transportation provider focused on a variety of services and modes, based in Vernon Hills, Illinois.

Buy -

Seller(S) 1

SELLER

XPO

Greenwich, Connecticut, United States
Category Company
Founded 2000
Sector Transportation
Employees39,000
Revenue 7.7B USD (2023)
DESCRIPTION
XPO office in Charlotte, North Carolina.
XPO office in Charlotte, North Carolina.

XPO is a provider of transportation and logistics solutions. XPO's transportation services include truck brokerage and transportation, less-than-truckload, intermodal, highly-engineered supply chain solutions, contract logistics, last mile, expedite, global forwarding and managed transportation. XPO was founded in 2000 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Divestiture) 2 of 2
State (Connecticut) 2 of 2
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 Kuehne + Nagel International AG - Contract Logistics Portfolio

United Kingdom

Kuehne + Nagel International AG's Contract Logistics Portfolio provides drinks logistics, food services, and retail & technology businesses.

Buy -
Mergr

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