M&A Deal Summary

UPS Acquires Overnite Transportation

On August 8, 2005, UPS acquired transportation company Overnite Transportation for 1.3B USD

Acquisition Highlights
  • This is UPS’s 5th transaction in the Transportation sector.
  • This is UPS’s 2nd largest (disclosed) transaction.
  • This is UPS’s 4th transaction in the United States.
  • This is UPS’s 1st transaction in Virginia.

M&A Deal Summary
Date 2005-08-08
Target Overnite Transportation
Sector Transportation
Buyer(s) UPS
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

Overnite Transportation

Richmond, Virginia, United States
Overnite Transportation Co., is a provider of less-than-truckload transportation services. UPS Ground Freight offers regional, inter-regional and long-haul trucking services and provides direct service to 45,000 cities in the USA, Canada, Puerto Rico, Guam, the U.S. Virgin Islands and Mexico.

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Buyer(S) 1

Buyer

UPS

Atlanta, Georgia, United States
Category Company
Founded 1907
Sector Transportation
Employees500,000
Revenue 91.0B USD (2023)
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 serves more than 220 countries and territories worldwide. UPS was founded in 1907 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 6 of 23
Sector (Transportation) 5 of 17
Type (Add-on Acquisition) 5 of 21
State (Virginia) 1 of 1
Country (United States) 4 of 9
Year (2005) 2 of 2
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-25 Lynx Express

Nuneaton, United Kingdom

Lynx Express Ltd. is an independent parcel carriers delivery service.

Buy $97M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-31 Trans Courier Service SRL

Bucharest, Romania

Trans Courier Service SRL is an authorized service contractor offers delivery services.

Buy -
Mergr

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