Global Logistics M&A Recap in Partnership with Ti Insight

Although 2024 acquisition numbers may seem to be off to a sluggish start, most likely due to current economic conditions and elevated borrowing costs, activity is expected to increase and remain steady as the year progresses. North America accounted for the largest number of acquisitions (by target location) in January 2024, with 43% of total M&A global activity in this region. In terms of individual countries, the United States was the most active, accounting for 10 acquisitions recorded, or 33.3% of the total counted. North America and Europe account for most of the acquisitions (based on target locations), with a combination of 80%.

"...We have already seen activity in 2024 with some of the large players in Europe, and the much-watched Omni / Forward Air deal closed. Many of those large players are currently at the forefront of the logistics M&A news, including DB Schenker, who has yet to announce which buyer they will be moving forward with what will likely be the largest acquisition of 2024..."

- Mikael Olesen, Managing Director at Logisyn Advisors

"...This move merges INSIGHT’s decades of innovation with Optilogic’s cloud-native technologies, promising enhanced supply chain optimization solutions. Like many great acquisitions of a legacy provider by an up-and-coming company, Optilogic aims to build on INSIGHT's..."

- Max Ibata-Arens, Executive Sponsor at Logisyn Advisors

"...CMA CGM gives the reasons for buying Wincanton as a desire to “expand CEVA’s offering in the UK, and to acquire complementary grocery and consumer expertise”, which reflects Wincanton's UK market focus. The growth of Wincanton was crippled by a series of unsuccessful acquisitions in France and Spain in the early 2000s combined with heavy pension liabilities. Although the management of the company has successfully rebuilt its stability,..."

- Thomas Cullen, Chief Analyst at Ti

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