21 Acquisitions of Companies in the Logistics Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Logistics 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 21 acquisitions that took place in the Logistics 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:

LIOS Technology acquired by Luna Innovations

Details about the transaction:

Acquisition amount:

$21,885,789

Announcement:

14 March 2022

Details about the company:

LIOS Technology creates distributed temperature sensor devices that operate in the frequency domain.

Headquarter:

Cologne, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Energy, Logistics, Manufacturing, Sensor

Details about the buyer:

Products for the healthcare, telecommunications, energy, and defense industries are developed by Luna Innovations.

Headquarter:

Roanoke, Virginia, United States

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:

Encompass Supply Chain Solutions, Inc. acquired by Comvest Partners

Details about the transaction:

Acquisition amount:

$32,700,000

Announcement:

23 December 2019

Details about the company:

Consumer electronics company Encompass Supply Chain Solutions offers board repair and reverse logistics services.

Headquarter:

Lawrenceville, Georgia, United States

Where to find them:

Industry:

Consumer Electronics, Logistics

Details about the buyer:

Private investment company Comvest Partners offers loan and equity financing to lower middle-market businesses.

Headquarter:

West Palm Beach, Florida, United States

Where to find them:

Picup Technologies acquired by Karooooo

Details about the transaction:

Acquisition amount:

$4,948,465

Announcement:

13 September 2021

Details about the company:

A technological startup called Picup specializes on last-mile deliveries.

Headquarter:

Cape Town, NA - South Africa, South Africa

Where to find them:

Industry:

Apps, Delivery Service, Logistics

Details about the buyer:

Karooooo creates software for managing a fleet of vehicles and offers real-time data analytics solutions for efficient transportation.

Headquarter:

Singapore, Central Region, Singapore

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:

Accu-Trade acquired by Cars.com

Details about the transaction:

Acquisition amount:

$65,000,000

Announcement:

8 February 2022

Details about the company:

Privately owned Accu-Trade is a provider of automotive accessory technologies.

Headquarter:

Manheim, Pennsylvania, United States

Where to find them:

Industry:

Automotive, Information Technology, Logistics

Details about the buyer:

Cars.com is a website that aids buyers and owners in navigating every step of automobile ownership.

Headquarter:

Chicago, Illinois, United States

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:

Network Packaging acquired by Macfarlane Packaging

Details about the transaction:

Acquisition amount:

$12,072,551

Announcement:

8 September 2014

Details about the company:

Network Packaging, the most forward-thinking independent distributor of packaging materials in the UK,

Headquarter:

Wolverhampton, Wolverhampton, United Kingdom

Where to find them:

Industry:

Delivery, Logistics

Details about the buyer:

Protective packaging goods and services are distributed by Macfarlane Packaging.

Headquarter:

Coventry, Coventry, United Kingdom

Where to find them:

All Cargo Logistics- Project forwarding & logistics business acquired by J M BAXI

Details about the transaction:

Acquisition amount:

$12,994,429

Announcement:

31 March 2022

Details about the company:

An integrator of logistics solutions is All Cargo Logistics.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Industry:

Logistics

Details about the buyer:

An integrated logistics, services, and transportation business is J M Baxi.

Headquarter:

Ballard Estate, Maharashtra, India

Where to find them:

Clinichain acquired by ADDvise

Details about the transaction:

Acquisition amount:

$36,131,107

Announcement:

6 June 2022

Details about the company:

Clinichain provides supply of medical equipment and logistical assistance through leasing options.

Headquarter:

Almere, Flevoland, The Netherlands

Where to find them:

Industry:

Clinical Trials, Logistics, Medical Device, Rental

Details about the buyer:

Equipment is provided by ADDvise to hospitals and research institutes.

Headquarter:

Stockholm, Stockholms Lan, Sweden

Where to find them:

Stahlhammer Bommern GmbH (STB) acquired by Columbus McKinnon

Details about the transaction:

Acquisition amount:

$24,600,000

Announcement:

5 January 2015

Details about the company:

The Stahlhammer Bommern GmbH (STB) is a producer of forged components and a wide variety of lifting tools.

Headquarter:

Hamm, Nordrhein-Westfalen, Germany

Where to find them:

Industry:

Automotive, Logistics, Manufacturing

Details about the buyer:

a leading trainer and a global provider of material handling products,

Headquarter:

Amherst, Massachusetts, United States

Where to find them:

Logentia acquired by Lemonsoft

Details about the transaction:

Acquisition amount:

$8,227,675

Announcement:

6 May 2022

Details about the company:

Utilizing the Logentia system, you may manage your transportations more effectively.

Headquarter:

Helsinki, Southern Finland, Finland

Where to find them:

Industry:

Logistics, Supply Chain Management

Details about the buyer:

ERP software is created by Lemonsoft, a software business.

Headquarter:

Vaasa, Western Finland, Finland

Where to find them:

StePac acquired by Johnson Matthey

Details about the transaction:

Acquisition amount:

$20,000,000

Announcement:

7 June 2015

Details about the company:

StePac, a renowned developer, producer, and supplier, was established in 1992.

Headquarter:

Migdal Tefen, HaZafon, Israel

Where to find them:

Industry:

Logistics, Manufacturing

Details about the buyer:

An multinational manufacturer of specialty chemicals, Johnson Matthey was established in London approximately two centuries ago.

Headquarter:

London, England, United Kingdom

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:

Premonition.io acquired by Shippit

Details about the transaction:

Acquisition amount:

$15,297,434

Announcement:

22 March 2022

Details about the company:

SaaS

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Industry:

Information Technology, Logistics, SaaS, Software

Details about the buyer:

Connectivity across several carriers and carrier allocation are made simple with Shippit.

Headquarter:

Sydney, New South Wales, Australia

Where to find them:

Ranews acquired by ALJ Regional Holdings

Details about the transaction:

Acquisition amount:

$20,800,000

Announcement:

28 September 2022

Details about the company:

Ranews specializes in industrial coatings, assembly, shipping, and precise manufacturing.

Headquarter:

Milner, Georgia, United States

Where to find them:

Industry:

Industrial, Logistics, Machinery Manufacturing, Manufacturing

Details about the buyer:

Holding firm ALJ Regional Holdings, Inc. Faneuil is one of the segments of the company.

Headquarter:

New York, New York, 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:

Unimacts acquired by Zetwerk

Details about the transaction:

Acquisition amount:

$39,000,000

Announcement:

30 November 2022

Details about the company:

Industrial manufacturing and supply chain solutions are offered by Unimacts.

Headquarter:

Lexington, Massachusetts, United States

Where to find them:

Industry:

Logistics, Manufacturing, Supply Chain Management

Details about the buyer:

Zetwerk runs a marketplace for producing goods between businesses.

Headquarter:

Bengaluru, Karnataka, India

Where to find them: