M&A Deal Summary

XPO Acquires Kuehne + Nagel International AG - Contract Logistics Portfolio

On March 9, 2020, XPO acquired transportation company Kuehne + Nagel International AG - Contract Logistics Portfolio from Kuehne + Nagel

Acquisition Highlights
  • This is XPO’s 13th transaction in the Transportation sector.
  • This is XPO’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-03-09
Target Kuehne + Nagel International AG - Contract Logistics Portfolio
Sector Transportation
Buyer(s) XPO
Sellers(s) Kuehne + Nagel
Deal Type Divestiture

Target

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.

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Buyer(S) 1

Buyer

XPO

Greenwich, Connecticut, United States

Category Company
Founded 2000
Sector Transportation
Employees38,000
Revenue 8.1B USD (2024)
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 17 of 17
Sector: Transportation M&A 13 of 13
Type: Divestiture M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-27 XPO Logistics - North American Truckload Operations

Greenwich, Connecticut, United States

XPO Logistics - North American Truckload Operations comprises approximately 3,000 tractors, 7,500 trailers and 29 locations. The business provides an integrated offering of point-to-point dry-van TL transportation services across the United States, and is one of the largest service providers of cross-border trucking into Mexico.

Sell $558M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 GXO Logistics

Greenwich, Connecticut, United States

GXO Logistics is a pure-play contract logistics provider that is committed to providing a diverse, world-class workplace for more than 130,000 team members across more than 970 facilities totaling approximately 200 million square feet. The company partners with blue chip companies to solve complex logistics challenges with technologically advanced supply chain and e-commerce solutions, at scale and with speed. GXO Logistics is headquartered in Greenwich, Connecticut.

Sell -

Seller(S) 1

SELLER

Kuehne + Nagel

Schindellegi, Switzerland

Category Company
Founded 1890
Sector Transportation
Employees74,996
Revenue 24.8B CHF (2024)
DESCRIPTION

Kuehne + Nagel is a global transportation and logistics company that offers highly specialised solutions for major industries worldwide.. Kuehne + Nagel was founded in 1890 and is based in Schindellegi, Switzerland.


DEAL STATS #
Overall 2 of 3
Sector: Transportation M&A 2 of 3
Type: Divestiture M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-24 VTG

Hamburg, Germany

VTG is a full-range service, providing tank cars, intermodal wagons, standard freight wagons and sliding wall wagons. In addition to the hiring of wagons, the Group offers comprehensive multi-modal logistics services, mainly around rail transport, and global tank container transports. VTG was founded in 1951 and is based in Hamburg, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-02 Quality Transportation Services

Las Vegas, Nevada, United States

Quality Transportation Services, Inc. is an international transportation and logistics firm in the FF&E industry with a specific focus on the hospitality and gaming sector. Quality Transportation Services was founded in 1987 and is based in Las Vegas, Nevada.

Sell -