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New Deal


Announced

Completed

GEODIS completed the acquisition of Need It Now Delivers.

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

United States

Courier Services

Express Courier / Parcels

Majority

Private

Friendly

Single Bidder

Cross Border

Completed

Synopsis

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GEODIS, a transport and logistics firm, completed the acquisition of Need It Now Delivers, a courier messenger service in NYC. Financial terms were not disclosed. "The completion of the Need It Now Delivers acquisition will accelerate our continued growth in the US, which has become an essential market for GEODIS, as we remain committed to building a fully integrated network of transport and logistics hubs globally. This acquisition allows GEODIS to expand our offerings in a consolidating market and solidify our position as one of the world's top 10 leading logistics providers," Marie-Christine Lombard, GEODIS CEO.

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