M&A NEWS

Top transport mergers and acquisitions of 2026

Every verified merger and acquisition in the transport sector in this period, ranked by disclosed value. Updated every morning.

We tracked 24 deals in the transport sector in 2026, 16 of them with a disclosed value, worth $41.1bn in total. The largest was Advent International, FedEx, A&R and PPF consortium's $9.2bn deal for InPost S.A., ahead of Macquarie Asset Management-led consortium and Qube Holdings Limited at $8.3bn.

Top transport mergers and acquisitions of 2026

All transport M&A deals →
  1. 19 FebAdvent International, FedEx, A&R and PPF consortium → InPost S.A.Advent and FedEx lead €7.8bn take-private of InPostTransport / Parcel lockers and logisticsCompleted$9.2bn
  2. 216 FebMacquarie Asset Management-led consortium → Qube Holdings LimitedMacquarie-led consortium agrees A$11.7bn take-private of QubeTransport / Ports and logisticsCompleted$8.3bn
  3. 36 AugApollo Global Management (Eagle Bidco) → easyJet plcApollo agrees £5.7bn takeover of easyJetTransport / AirlinesAgreed$7.7bn
  4. 416 FebHapag-Lloyd AG → ZIM Integrated Shipping Services Ltd.Hapag-Lloyd agrees US$4.2bn takeover of Israel's ZIMTransport / Container shippingIn review$4.2bn
  5. 528 JanStonepeak → United Ports LLC (25% stake in CMA CGM terminal portfolio)Stonepeak pays US$2.4bn for 25% of CMA CGM terminals ventureTransport / Container port terminalsCompleted$2.4bn
  6. 617 AprNIPPON EXPRESS HOLDINGS, INC. (NX Group) → Metro Supply Chain Group Inc.NX Group agrees C$1.8bn takeover of Canada's Metro Supply ChainTransport / Contract logisticsCompleted$1.3bn
  7. 75 MarGlobal Infrastructure Partners (BlackRock) → TCRGIP buys airport equipment lessor TCR from 3i InfrastructureTransport / Airport ground support equipment leasingCompleted$1.3bn
  8. 814 OctLufthansa Group → TAP Air Portugal (44.9% stake)Lufthansa wins race for TAP Air Portugal stake with €1bn-plus offerTransport / AirlinesAnnounced$1.2bn
  9. 915 JanS.F. Holding Co., Ltd. → J&T Global Express (10% stake)SF Holding and J&T agree HK$8.3bn cross-shareholdingTransport / Express deliveryCompleted$1.1bn
  10. 1031 JulNippon Yusen Kabushiki Kaisha (NYK Line) → NS United Kaiun Kaisha, Ltd.NYK moves to take NS United Kaiun private in ¥156.9bn dealTransport / Dry bulk shippingAgreed$990m
  11. 1111 AugTPG (Lexicon Korea Holdco) → Lotte Rental Co., Ltd. (61.17% stake)TPG agrees ₩1.31tn deal for control of Lotte RentalTransport / Car rentalAgreed$930m
  12. 1216 JunNorwegian Air Shuttle ASA → Nordic Leisure Travel Group ABNorwegian agrees SEK7.94bn deal for Ving owner NLTGTransport / Travel and airlinesAgreed$845m
  13. 1314 OctAegis Logistics → Tristar Holdings (89.8%)Aegis Logistics agrees US$809m deal for control of Dubai's TristarTransport / Energy logisticsAgreed$809m
  14. 1413 JanJD Logistics, Inc. → Deppon Logistics Co., Ltd (minority stake)JD Logistics takes Deppon private in RMB3.8bn buyout of minoritiesTransport / Freight and logisticsCompleted$540m
  15. 1518 MarKKR (Global Climate Transition strategy) → Allfleet India (majority) and PMI Electro Mobility Solutions (minority)KKR commits up to $310m to Indian e-bus platform AllfleetTransport / Electric bus fleetsAgreed$310m
  16. 1623 JanSenko Group Holdings → Maruwn CorporationSenko launches ¥16.7bn tender offer for MaruwnTransport / LogisticsCompleted$106m
  17. 1715 OctA.P. Moller Capital (Emerging Markets Infrastructure Fund II) → Portek International Pte. Ltd. (from Mitsui & Co.)A.P. Moller Capital agrees to buy port operator Portek from MitsuiTransport / PortsAgreedUndisclosed
  18. 1812 OctAsterion Industrial Partners → FraikinAsterion moves to buy French truck lessor FraikinTransport / Commercial vehicle leasingAnnouncedUndisclosed
  19. 1916 JulOmio Group → Rail EuropeOmio buys Rail Europe to build a rail ticketing heavyweightTransport / Rail ticket distributionCompletedUndisclosed
  20. 206 JulInfraVia Capital Partners (InfraVia European Fund VI) → D-MarinInfraVia agrees to buy marina group D-Marin from CVCTransport / MarinasAgreedUndisclosed
  21. 2114 MayBrookfield (private equity) → World Freight CompanyBrookfield buys air cargo agent WFC from EQT and PAITransport / Air cargo servicesAgreedUndisclosed
  22. 223 MarThoma Bravo → WWEX GroupThoma Bravo to buy WWEX and merge it with AuctaneTransport / Logistics and shipping technologyCompletedUndisclosed
  23. 2313 FebJohn Laing Group → American RoadsJohn Laing agrees to buy American Roads from CVC DIFTransport / Toll roadsAgreedUndisclosed
  24. 245 JanBENTELER Group → ioki GmbHBenteler buys Deutsche Bahn's ioki for autonomous mobility pushTransport / On-demand mobility softwareAgreedUndisclosed