Global Logistics M&A Recap in Partnership with Ti Insight

North America accounted for the largest number of acquisitions (by target location) in March 2024, with 48.5% of all acquisitions recorded. The United States was the most active region in terms of acquisitions (by target location), accounting for 15 acquisitions, or 45% of all acquisitions recorded. Europe accounted for 27% of acquisitions, with 9 acquisitions recorded in March. In terms of target services, Logistics was the most frequent with 30% of recorded transactions, followed by Transportation (21%) and Software (12%).

"...A perfect storm of rising interest rates, plummeting freight rates, and geopolitical uncertainty dampened the European logistics M&A market in 2023. Even major deals like CMA CGM's acquisition of Bolloré or CVC’s acquisition of Scan Global Logistics couldn't mask the overall decline. However, 2024 is poised for..." - Peter Reed, Managing Director at Logisyn Advisors

"... The recent surge in investments within Mexico, highlighted by a remarkable $31 billion inflow in the first quarter of 2024 alone, underscores a pivotal shift in global manufacturing and supply chain strategies. According to Mexican Secretary of Economy, Raquel Buenrostro, there have been ..." - Nick Lanza, Buy-Side Director at Logisyn Advisors

"...CEVA had made what it called a “Final Offer Price” on the 26 February, upping its previous bid by 6.7% in response to an initial approach by GXO. A few days later GXO made a cash offer of 605 pence per share. As a result, Wincanton recommended "unanimously" the GXO offer and withdrew its recommendation of the bid by CEVA. This must be..." - Thomas Cullen, Senior Consultant at Ti

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