Acquisition History / Logisteed, Ltd. (LDEC) / Alps Logistics Co., Ltd.
Logisteed, Ltd. (LDEC) Acquires Alps Logistics Co., Ltd.
Announced August 22, 2024 — $631.7M
What happened
Logisteed (formerly Hitachi Transport System) bid for Tokyo Prime-listed Alps Logistics through the vehicle LDEC, launching the tender offer on 22 August 2024 with the aim of taking the electronics-focused logistics firm private. The offer succeeded on 7 October 2024 with 92.47% acquired for JPY 94.278bn.
- Acquirer
- Logisteed, Ltd. (LDEC)
- Target
- Alps Logistics Co., Ltd.
- Announced
- August 22, 2024
- Price
- $631.7M
- Industry
- Third-party logistics
- Buyer type
- Strategic acquirer
- Fund vehicle
- LDEC
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Logisteed, Ltd. (LDEC) acquire Alps Logistics Co., Ltd.?
Logisteed, Ltd. (LDEC) acquired Alps Logistics Co., Ltd. on August 22, 2024. This was Logisteed, Ltd. (LDEC)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Logisteed, Ltd. (LDEC) pay for Alps Logistics Co., Ltd.?
Logisteed, Ltd. (LDEC) paid $631.7M for Alps Logistics Co., Ltd..
What does Alps Logistics Co., Ltd. do?
Logisteed (formerly Hitachi Transport System) bid for Tokyo Prime-listed Alps Logistics through the vehicle LDEC, launching the tender offer on 22 August 2024 with the aim of taking the electronics-focused logistics firm private. The offer succeeded on 7 October 2024 with 92.47% acquired for JPY 94.278bn.
What other Third-party logistics companies has Logisteed, Ltd. (LDEC) acquired?
Alps Logistics Co., Ltd. is Logisteed, Ltd. (LDEC)'s only publicly tracked acquisition in Third-party logistics so far.