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M&A Deal Summary

XpressBees Acquires Trackon

On August 14, 2023, XpressBees acquired transportation company Trackon

Acquisition Highlights
  • This is XpressBees’ 1st transaction in the Transportation sector.
  • This is XpressBees’ 1st transaction in India.

M&A Deal Summary
Date 2023-08-14
Target Trackon
Sector Transportation
Buyer(s) XpressBees
Deal Type Add-on Acquisition

Target

Trackon

New Delhi, India
Trackon is a logistics partner that specialises in offering on-time deliveries using cutting-edge technology. Trackon is based in New Delhi, India.

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Buyer(S) 1

Buyer

XpressBees

Pune, India
Category Company
Founded 2015
Sector E-Commerce
DESCRIPTION

Xpressbees is fastest growing express logistics service provider in India catering to end-to-end supply chain solutions. Our logistics solutions across B2B Xpress, B2C Xpress, Cross-border and 3PL(Third Party Logistics) come with an edge of speed, accuracy & scalability. XpressBees was founded in 2015 and is based in Pune, Maharashtra.

DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2023 M&A 1 of 1
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