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New Deal


Announced

Completed

sennder completed the acquisition of Uber’s European freight business.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Freight Forwarding

Completed

Germany

Private

Domestic

Majority

Single Bidder

freight business

Friendly

Synopsis

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sennder, Europe’s digital freight forwarder, completed the acquisition of European freight business of Uber, which offers vehicles for hire, food delivery, package delivery, couriers, freight transportation, and, through a partnership with Lime, electric bicycle and motorized scooter rental. Financial terms were not disclosed. “We are immensely proud to have created the leading digital road freight forwarder in Europe, moving more than 50k loads every month across 31 countries. This acquisition strengthens our position as Europe’s number one digital logistics provider. We also look forward to working with Uber Freight to bring further value to both companies’ customers,” David Nothacker, sennder CEO and Co-Founder.

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