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
Location
Mexico
Transaction Type
Buyout

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