Add-on Acquisition • Transportation

UPS Acquires Estafeta

On July 22, 2024, UPS acquired transportation company Estafeta

Acquisition Context
  • This is UPS’s 16th transaction in the Transportation sector.
  • This is UPS’s 1st transaction in Mexico.

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M&A Deal Summary

Date July 22, 2024
Target Estafeta
Sector Transportation
Buyer(s) UPS
Deal Type Add-on Acquisition

Target Company

Estafeta

Cuauhtemoc, Mexico
Estafeta is a provider of integrated logistics solutions, operating an extensive domestic network to meet the supply chain needs of companies of all sizes. Estafeta was founded in 1979 and is based in Cuauhtemoc, Mexico.
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Buyer Overview 1

Buyer

UPS

Atlanta, Georgia, United States

Category Company
Founded 1907
Sector Transportation
Employees254,360
Revenue 91.1B USD (2024)
DESCRIPTION
Entrance to UPS' headquarters in Atlanta, Georgia.
Entrance to UPS' headquarters in Atlanta, Georgia.

UPS is a provider of logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. UPS was founded in 1907 and is based in Atlanta, Georgia.


Deal Context for Buyer #
Overall 22 of 24
Sector: Transportation 16 of 18
Type: Add-on Acquisition 20 of 22
Country: Mexico 1 of 1
Year: 2024 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-23 Coyote Logistics

Chicago, Illinois, United States

Coyote Logistics provides truckload brokerage services by utilizing an asset-light model to contract truckload shipments between shipping customers and trucking companies without directly owning any trucks. Coyote Logistics was formed in 2006 and is based in Chicago, Illinois.

Sell $1.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-10 Frigo-Trans

Fußgönheim, Germany

Frigo-Trans provides an end-to-end warehouse and transportation solution for pharmaceutical and biotech customers. Frigo-Trans is based in Fußgönheim, Germany.

Buy -