UPS to acquire Estafeta, expanding global logistics solutions and trade opportunities for clients in and out of Mexico
Acquiring Company
UPS
Acquired Company
Estafeta
Atlanta
CuauhtémocTransportationSupply Chain ManagementLogisticstransportation/trucking/railroadTransportationSupply Chain ManagementLogisticsDescription
UPS has entered into an agreement to acquire Estafeta, a leading Mexican parcel services company. This action is a key part of UPS's strategy to become the premier international provider of parcel and logistics services worldwide, aiming to capitalize on the growing role of Mexico in global trade and provide reliable access to the U.S. market for Mexican SMEs and manufacturing sectors. The combination of UPS and Estafeta will deliver unprecedented access to global markets for Mexican customers with seamless and more efficient service.
Quick answer
UPS is acquiring Estafeta, announced July 22, 2024. UPS is based in Atlanta, Georgia, United States.
- How much did UPS pay for Estafeta?
- The deal value was not disclosed.
- What does UPS do?
- UPS is a global package delivery and supply chain management company.
- Where are UPS and Estafeta based?
- UPS is based in Atlanta, Georgia, United States. Estafeta is based in Cuauhtémoc, CDMX, Mexico.
- Who are the decision-makers at UPS?
- Fundz holds 5 contacts at UPS. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Transportation and Supply Chain Management
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Radiant Logistics, Inc. acquires Foundation Logistics & Services, LLC to strengthen capabilities in support of the oil and gas industry (September 4, 2024)
- JAS Jet Air Service S.p.A. acquires Setoa S.p.A. to expand into West African markets (August 23, 2024)
- Freightos acquires Shipsta, expanding comprehensive digital freight procurement solution (August 19, 2024)
- FST Logistics completes acquisition of Dancer Logistics, expanding its Midwest footprint (August 1, 2024)
- ShipCalm completes acquisition of River Source Logistics to enhance e-Commerce fulfillment & Third-Party Logistics Capabilities (July 2, 2024)
- Wakeo acquires Veroo Software to enhance road visibility capabilities (June 20, 2024)
Who to call at UPS, and when
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Frequently asked
Who acquired Estafeta?
Estafeta was acquired by UPS, based in Atlanta. The deal was reported on July 22, 2024. UPS is a global package delivery and supply chain management company. UPS is publicly traded (UPS) and operates in Transportation.
When did UPS acquire Estafeta?
UPS's acquisition of Estafeta was reported on July 22, 2024. UPS has entered into an agreement to acquire Estafeta, a leading Mexican parcel services company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Estafeta do?
Estafeta is a privately held Mexican company that offers integrated logistics solutions and operates an extensive national network to meet the supply chain needs of businesses of all sizes. It is privately held, operating in Transportation, and is based in Cuauhtémoc.
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