Announced
Completed
Financials
Sources
Tags
Spain
express transport
Express Courier / Parcels
Acquisition
Cross Border
Majority
Private
Completed
Friendly
Single Bidder
Synopsis
GeoPost and DPDgroup, a European logistics operator, completed the acquisition of a majority stake in TIPSA, a company specializing in express transport. Financial terms were not disclosed. “Thanks to this progress, TIPSA will be able to continue developing its international capacity, as well as implementing innovative solutions and reinforce its commitment to sustainability hand in hand with GeoPost / DPDgroup . We are very proud of being part of this leading group, a guarantee for the future for our network”. María Luisa Camacho, TIPSA CEO.
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