Announced
Completed
Financials
Sources
Tags
Acquisition
Freight Forwarding
Completed
Germany
Private
Domestic
Majority
Single Bidder
freight business
Friendly
Synopsis
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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