.
MergerLinks Header Logo

Announced

Completed

Flexport completed the acquisition of the logistics assets of Shopify.

Financials

Edit Data
Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Canada

Acquisition

Cross Border

Single Bidder

Freight Forwarding

logistics

Majority

Friendly

Private

Completed

Synopsis

Edit

Flexport, a freight forward logistics company, completed the acquisition of the logistics assets of Shopify, a Canadian e-commerce platform. Financial terms were not disclosed. "We can give our merchants great value. Flexport gets tons of new customers to use their incredible product and we can go back to focusing on what we do best," Harley Finkelstein, Shopify President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US