UPS to Acquire Mexican Express Delivery Company Estafeta
July 24, 2024
UPS announced it has agreed to buy Estafeta, a leading Mexican express delivery company, as part of its Better and Bolder strategy to expand premium international small-package and logistics services. The transaction is expected to close by the end of the year, subject to customary closing conditions and regulatory approvals; deal value and terms were not disclosed.
- Buyers
- UPS
- Targets
- Estafeta
- Industry
- Logistics & Distribution
- Location
- Mexico
- Transaction Type
- Buyout
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