M&A Deal Summary

Traxion Acquires Solistica

On October 10, 2024, Traxion acquired transportation company Solistica from FEMSA for 4.1B MXN

Acquisition Highlights
  • This is Traxion’s 1st transaction in the Transportation sector.
  • This is Traxion’s 0th largest (disclosed) transaction.
  • This is Traxion’s 1st transaction in Mexico.

M&A Deal Summary

Date 2024-10-10
Target Solistica
Sector Transportation
Buyer(s) Traxion
Sellers(s) FEMSA
Deal Type Divestiture
Deal Value 4.1B MXN

Target

Solistica

Nuevo Leon, Mexico
Solistica is a comprehensive third-party logistics (3PL) and supply chain solutions, operating in Latin America and North America with a focus on transportation, warehousing, and distribution. Solistica is based in Nuevo Leon, Mexico.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Traxion

Mexico City, Mexico

Category Company
Founded 2011
Sector Transportation
Revenue 29.1B MXN (2024)
DESCRIPTION

Traxion is a provider of logistics and mobility solutions and operates through three divisions Cargo Mobility, Logistics and Technology, and Personnel Mobility. The company offers services ranging from 4PL and 3PL logistics, warehouse management, and last-mile delivery to truckload, intermodal, and specialized cargo transport, as well as personnel, school, and tourism transportation. Traxion was founded in 2011 and is based in Mexico City, Mexico.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

FEMSA

Monterrey, Mexico

Category Company
Founded 1890
Sector Beverages
Employees390,156
Revenue 781.6B MXN (2024)
DESCRIPTION

FEMSA is a multinational company with operations in beverages, retail, and strategic businesses, owning Coca-Cola FEMSA and retail chains including OXXO and OXXO GAS. FEMSA also operates a Health Division focused on drugstores and related services. FEMSA provides logistics, refrigeration, and plastics solutions to support its own operations and third-party clients. FEMSA was founded in 1890 and is based in Monterrey, Mexico.


DEAL STATS #
Overall 4 of 4
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 4 of 4
Country: Mexico M&A 3 of 3
Year: 2024 M&A 2 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-01 Delek US Retail

United States

Delek US Retail is an operator of retail business in US.

Buy $385M