Mergers & Acquisitions

1  -  20  of  264

November 7, 2016

Verizon-Fleetmatics Deal Finalized

Verizon Communications has completed its $2.4 billion acquisition of Fleetmatics Group to become the largest provider of telematics systems for commercial fleets, the company has announced.

November 1, 2016

Petro-Canada Lubricants Acquired By American Petroleum Refiner

Dallas-based independent petroleum refiner and marketer HollyFrontier has agreed to acquire Suncor Energy’s Petro-Canada Lubricants business for $845 million.

October 28, 2016

CFI Name Returns With TransForce Acquisition

Longtime employees of TransForce’s new acquisition in Joplin, Mo., are proudly digging out their old CFI shirts, as the company founded in 1951 as Contract Freighters Inc. goes back to its roots and its name under its new ownership.

October 28, 2016

Photos: CFI Comes Full Circle

After three acquisitions, the Joplin, Mo.-based trucking company founded as Contract Freighters Inc. in 1951 is going back to its roots, resuming use of the CFI name and operating as an independent subsidiary of new owners TransForce.

October 27, 2016

XPO Logistics Sells Truckload Operations to TransForce

XPO Logistics Inc. (NYSE: XPO) announced Thursday that it has sold its truckload business to Canada's growing trucking concern TransForce Inc. (TSX: TFI) for approximately $558 million in cash.

October 27, 2016

Sunteck and TTS Merger Forms $1 Billion Multimodal Company

Third-party transportation and logistics providers Sunteck Transport Group and TTS Holdings have merged to create a single $1 billion dollar company.

October 4, 2016

Continental Buys A Majority Stake in Zonar

The Continental Corporation has acquired a majority stake in Zonar Systems, a company specializing in fleet management solutions for commercial vehicles.

September 16, 2016

Southern Pines and Byers Trucking Combine Operations

WL Byers and Southern Pines announced that the two trucking companies will combine in an equal partnership under the Southern Pines name offering services in the U.S., Canada and Mexico.

September 12, 2016

CRST Buys Gardner Trucking In Company’s Largest Acquisition

CRST International has purchased the privately held, Calif.-based Gardner Trucking in the largest acquisition in CRST’s history.

September 6, 2016

Navistar, Volkswagen Announce 'Wide Ranging Strategic Alliance'

Volkswagen Truck & Bus is taking a 16.6% equity stake in Navistar International Corp. as part of a “wide-ranging strategic alliance” that will initially focus on providing powertrains for Navistar trucks starting in 2019.

August 29, 2016

Ritchie Bros. Acquires IronPlanet

Vancouver-based Ritchie Bros. Auctioneers has acquired online auctioneer IronPlanet of Pleasanton, Calif., for $758.5 million, the company announced.

August 18, 2016

Uber Buys Autonomous Truck Startup Otto

Uber is upping its efforts to expand from the ride-sharing market to commercial freight movement by acquiring Otto, the technology startup that’s developing an aftermarket version of autonomous technology for Class 8 trucks.

August 5, 2016

Kottke Trucking Buys Florida-Based OTR Business

Kottke Trucking has purchased Walbon & Company’s over-the-road operations, including Walbon’s routes, trucks, trailers and Wildwood, Fla.- based terminal.

August 2, 2016

Verizon-Fleetmatics Deal Makes Telematics Giant

Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.

August 1, 2016

Verizon to Acquire Fleetmatics

Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.

July 25, 2016

Omni Holdings Buys Flatbed Assets of Tennant Truck Lines

Omni Holdings’ offshoot Omni Specialized will be in full operation after it acquired the flatbed assets of Tennant Truck Lines, the company announced.

July 22, 2016

Quantum Fuel Systems Bought by Private Equity Firm

Compressed natural gas fuel systems maker Quantum Fuel Systems Technologies has been acquired by Douglas Acquisitions, a Northern California-based private equity firm.

July 20, 2016

Fitzgerald Glider Kits Acquires Two Peterbilt Dealerships

Fitzgerald Glider Kits has finalized the purchase of two Peterbilt dealerships in the southwest region of Virginia, formerly known by the name Performance Peterbilt of Bristol.

July 6, 2016

Innova Acquires Telematics Provider

Innova Electronics Corporation has acquired Aftermarket Telematics Technologies, LLC and will now be able to offer a full suite of aftermarket parts and services.

June 23, 2016

Verizon-Telogis Deal Creates Top Telematics Unit

Verizon's acquisition of Telogis would create the second-largest telematics company in the U.S. in a deal that brings together complementary businesses, a leading telematics consultant said.

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