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New Deal


Announced

Completed

TFI International to acquire UPS Freight for $800m.

Financials

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Transaction Value£584m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Freight Forwarding

Acquisition

freight services

Single Bidder

United States

Cross Border

Majority

Friendly

Completed

Synopsis

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TFI International, a Canadian transport and logistics company, completed the acquisition of UPS Freight, a company that delivers packages and documents, for $800m. “We’re excited about the future and the opportunities this creates for both UPS and UPS Freight as part of TFI International. The agreement allows UPS to be even more laser-focused on the core parts of our business that drive the greatest value for our customers," Carol Tomé, UPS CEO.

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