Announced
Financials
Sources
Tags
freights
Friendly
Single Bidder
Pending
Acquisition
Brazil
Third Party Logistics (3PL)
Majority
Domestic
Public
Synopsis
JSL, a Brazilian logistics company, offered to acquire Tegma Gestao Logistica, a freights and logistics, for $196m. The transaction has a strong strategic rationale due to the creation of an even more robust and diversified business, with the ability to offer new services to the same customers and diversify Tegma's operations, resulting in the creation of substantial value for the companies, their respective shareholders, customers, employees, independent truck drivers and the Brazilian logistics industry.
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