Volkswagen to Trim Traton Stake, Retain Control at 75%
VW plans to reduce its 87.5% holding in the truck maker to just above three-quarters ownership, keeping voting control while freeing up capital.
#Mergers Acquisitions
9 posts tagged with this topic.
Acertus Buys Fisher Shipping, Second Car-Haul Deal in a Week
Finished-vehicle logistics provider Acertus acquired Massachusetts-based Fisher Shipping days after rival Proficient Auto Logistics announced a $130 million…
Trimac Buys California Freight, Second West Coast Bulk Deal in Two Years
The Canadian food-grade hauler adds another California bulk carrier to its portfolio, continuing a West Coast expansion that started in 2024.
Rush Enterprises Buys Into MCT Refrigeration Service Network
The joint venture expands Rush's footprint beyond truck dealerships and into reefer trailer service, parts, and rentals.
CMA CGM Buys FedEx Supply Chain for $1.4B, Triples Warehouse Footprint
French ocean carrier acquires FedEx's contract logistics arm, adding 80 warehouses and 10,000 workers to its North American 3PL subsidiary Ceva.
M&A Multiples Jump 321% as Buyers Chase Tech, Not Truckload Scale
Average transportation deal size has more than tripled since 2023. Buyers are paying premiums for AI automation and scarce border infrastructure, not…
Amerit Buys Pro Reefer, Expands Maintenance Network Into Canada
Fleet maintenance consolidator adds Canadian reefer-trailer specialist to cross-border service footprint.
BMO Sells Truck Financing Units to Stonepeak in Undisclosed Deal
Infrastructure investor Stonepeak acquires BMO's commercial truck financing businesses for undisclosed cash plus earnout tied to performance targets.
Descartes Buys Fleet Safety Platform Idelic for $28M Cash
The deal adds 40 billion miles of driver data and AI-powered accident prediction to Descartes' logistics network: the 36th acquisition since 2016.