2 Acquisitions of Companies in the Shipping Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Shipping 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 2 acquisitions that took place in the Shipping industry.

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:

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: