Company acquisitions in the Freight Service 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 Freight Service industry.
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:
Where to find them: Website
Industry: Freight Service, Logistics, Transportation
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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:
Where to find them: Website
Industry: Freight Service, Logistics, Transportation
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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