16 Acquisitions of Companies in the Transportation Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Transportation industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 16 acquisitions that took place in the Transportation industry.

Amos International (S) Pte Ltd acquired by Gaylin Holdings Ltd.

Details about the transaction:

Acquisition amount:

$2,682,133

Announcement:

26 March 2018

Details about the company:

Professional Procurement & Logistics Management Services are offered by Amos International (S) Pte Ltd to the Marine & Offshore Industries.

Headquarter:

Singapore, Central Region, Singapore

Where to find them:

Industry:

Logistics, Marine Technology, Marine Transportation

Details about the buyer:

Gaylin Holdings is one of the world's leading suppliers of rigging and lifting solutions to the oil and gas ("O&G") sector.

Headquarter:

Singapore, Central Region, Singapore

Where to find them:

Martin Bencher acquired by Maersk

Details about the transaction:

Acquisition amount:

$61,000,000

Announcement:

5 August 2022

Details about the company:

Martin Bencher offers shipping and forwarding services such project management, supply chain, and engineering.

Headquarter:

Denmark, South Carolina, United States

Where to find them:

Industry:

Logistics, Shipping, Transportation

Details about the buyer:

Maersk is an integrated container logistics firm that works to link and streamline the supply chains of its clients.

Headquarter:

Copenhagen, Hovedstaden, Denmark

Where to find them:

Elite Storage Solutions acquired by Nucor Corporation

Details about the transaction:

Acquisition amount:

$75,000,000

Announcement:

5 April 2022

Details about the company:

A warehousing firm called Elite Storage Solutions provides storage options and warehouse space.

Headquarter:

Monroe, Galway, Ireland

Where to find them:

Industry:

Automotive, Information Technology, Transportation

Details about the buyer:

Steel and steel-related items are manufactured and sold by Nucor Corporation. The business is divided into two divisions: steel

Headquarter:

Carlotta, California, United States

Where to find them:

Tianjin Hanuowei acquired by Yongtaiyun

Details about the transaction:

Acquisition amount:

$26,627,262

Announcement:

23 August 2022

Details about the company:

A logistics management service provider, Tianjin Hanuowei primarily develops a supply chain logistics management platform.

Headquarter:

Tianjin, Guangdong, China

Where to find them:

Industry:

Freight Service, Logistics, Transportation

Details about the buyer:

Yongtaiyun is a platform that offers solutions for every part of the logistics supply chain for hazardous chemicals.

Headquarter:

Ningbo, Zhejiang, China

Where to find them:

Vuxx acquired by BoxDelivery

Details about the transaction:

Acquisition amount:

$7,265,782

Announcement:

1 June 2022

Details about the company:

A tech-enabled freight service for businesses and merchants is called Vuxx.

Headquarter:

São Paulo, Sao Paulo, Brazil

Where to find them:

Industry:

Internet, Last Mile Transportation, Logistics, Retail, Shipping, Transportation

Details about the buyer:

BoxDelivery creates a mobile application that speeds up delivery.

Headquarter:

Cerqueira César, Sao Paulo, Brazil

Where to find them:

Foxtrot Systems acquired by Descartes Systems Group

Details about the transaction:

Acquisition amount:

$4,000,000

Announcement:

21 April 2022

Details about the company:

The automated last-mile fleet management ecosystem of Foxtrot Systems is dedicated to enabling the supply chain of the future.

Headquarter:

San Francisco, California, United States

Where to find them:

Industry:

Delivery, Enterprise Software, Fleet Management, Last Mile Transportation, Logistics, Software, Supply Chain Management

Details about the buyer:

Descartes is the industry pioneer in on-demand, software-as-a-service solutions with a productivity improvement focus.

Headquarter:

Waterloo, Ontario, Canada

Where to find them:

GoBus acquired by citylink ireland

Details about the transaction:

Acquisition amount:

$12,096,774

Announcement:

15 July 2022

Details about the company:

GoBus takes pride in providing consumers with flexibility, personalization, and choice.

Headquarter:

Galway, Galway, Ireland

Where to find them:

Industry:

Transportation

Details about the buyer:

In Ireland, Citylink offers upscale intercity bus transportation.

Headquarter:

Galway, Galway, Ireland

Where to find them:

MOKE acquired by EV Technology

Details about the transaction:

Acquisition amount:

$55,100,000

Announcement:

20 July 2022

Details about the company:

Since 2015, the MOKE has been the official manufacturer of MOKE automobiles, and it is still admired for its distinctive look.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Automotive, Manufacturing, Transportation

Details about the buyer:

EVT was established to hasten the introduction of electric cars.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

Szallas Group acquired by Grupa Wirtualna Polska

Details about the transaction:

Acquisition amount:

$72,931,702

Announcement:

12 September 2022

Details about the company:

Szallas Group offers interesting news, entertainment, and services that enlighten daily choices.

Headquarter:

Jákfalva, Borsod-Abauj-Zemplen, Hungary

Where to find them:

Industry:

Transportation, Travel

Details about the buyer:

One of the biggest Polish websites is Wirtualna Polska.

Headquarter:

Pomorskie, Zachodniopomorskie, Poland

Where to find them:

Yotta acquired by Causeway Technologies

Details about the transaction:

Acquisition amount:

$65,569,884

Announcement:

31 May 2022

Details about the company:

Yotta is a company that offers linked asset management software and services.

Headquarter:

Warwick, Warwickshire, United Kingdom

Where to find them:

Industry:

Software, Transportation

Details about the buyer:

A provider of software solutions to the construction sector is Causeway Technologies.

Headquarter:

Bourne End, Buckinghamshire, United Kingdom

Where to find them:

Hi-Rail Leasing acquired by Custom Truck One Source

Details about the transaction:

Acquisition amount:

$46,000,000

Announcement:

14 January 2022

Details about the company:

The fastest growing road/rail leasing and rental firm in Canada is Hi-Rail Leasing.

Headquarter:

Elliot Lake, Ontario, Canada

Where to find them:

Industry:

Railroad, Rental, Transportation

Details about the buyer:

Your one-stop shop for all of your equipment needs is Custom Truck One Source.

Headquarter:

Kansas City, Missouri, United States

Where to find them:

Horizons West acquired by Kelsian Group Limited

Details about the transaction:

Acquisition amount:

$30,141,866

Announcement:

28 October 2022

Details about the company:

Coach and bus services are provided by Horizons West.

Headquarter:

Welshpool, Victoria, Australia

Where to find them:

Industry:

Customer Service, Ticketing, Transportation

Details about the buyer:

Marine, tourist, and public transportation services are provided by Kelsian Group Limited.

Headquarter:

Adelaide, South Australia, Australia

Where to find them:

Metropolitan Trucking acquired by Pam Transport

Details about the transaction:

Acquisition amount:

$77,400,000

Announcement:

14 June 2022

Details about the company:

Road transportation services are offered by Metropolitan Trucking.

Headquarter:

Saddle Brook, New Jersey, United States

Where to find them:

Industry:

Freight Service, Logistics, Transportation

Details about the buyer:

Pam Transport provides top-notch travel services with an emphasis on logistics, hiring, and equipment sales.

Headquarter:

Tontitown, Arkansas, United States

Where to find them:

Navegate acquired by Radiant Logistics

Details about the transaction:

Acquisition amount:

$35,000,000

Announcement:

6 December 2021

Details about the company:

Supply chain software provider Navegate provides cloud-based software and services for logistics management.

Headquarter:

Mendota, Minnesota, United States

Where to find them:

Industry:

Information Technology, Logistics, SaaS, Supply Chain Management, Transportation

Details about the buyer:

One of the fastest growing logistics companies, Radiant is a publicly traded firm that provides non-asset based third party logistics services.

Headquarter:

Bellevue, Washington, United States

Where to find them:

wheels group acquired by Radiant Logistics

Details about the transaction:

Acquisition amount:

$57,260,000

Announcement:

20 January 2015

Details about the company:

Wheels provides companies with logistical and transportation options for things like distribution, warehousing, and temperature control.

Headquarter:

Mississauga, Ontario, Canada

Where to find them:

Industry:

Delivery, Logistics, Supply Chain Management, Transportation

Details about the buyer:

One of the fastest growing logistics companies, Radiant is a publicly traded firm that provides non-asset based third party logistics services.

Headquarter:

Bellevue, Washington, United States

Where to find them:

Whizzard acquired by Mahindra Logistics

Details about the transaction:

Acquisition amount:

$9,563,652

Announcement:

28 February 2022

Details about the company:

Whizzard runs an intra-city delivery network for last-mile supplies and digital commerce.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Transportation

Details about the buyer:

solutions for corporate personnel transportation and supply chain management.

Headquarter:

Mumbai, Maharashtra, India

Where to find them: